This information relates to McCall Real Estate Agency Oct 1 Stockholders invest $30,000 in exchange for common stock of the corporation 2 Hires an administrative assistant at an annual salary of $36,000 3 Buys office furniture for $3,800, on account 6 Sells a house and lot for E C Roads commissions due from Roads, $10,800 (not paid by Roads at this time) 10 Receives cash of $140 as commission for acting as rental agent renting an apartment 27 Pays $700 on account for the office furniture purchased on October 3 30 Pays the administrative assistant $3,000 in salary for October Post the transactions to T accounts (Post entries in the order of information presented in the question ) Cash choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30 enter a debit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30 enter a credit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30 enter a debit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30 enter a credit amount choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit balance choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit balance Accounts Receivable choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit amount choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit balance choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit balance Equipment choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit amount choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit balance choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit balance Accounts Payable choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit amount choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit balance choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit balance Common Stock choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit amount choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit balance choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit balance Service Revenue choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit amount choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit balance choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit balance Salaries and Wages Expense choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit amount choose a transaction date Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit amount choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a debit balance choose the end date of the accounting period Oct 1Oct 2Oct 3Oct 6Oct 10Oct 27Oct 30Bal enter a credit balance

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Posted on Jul 29, 2024

This information relates to McCall Real Estate Agency.

Oct. 1		Stockholders invest $30,000 in exchange for common stock of the corporation.
2		Hires an administrative assistant at an annual salary of $36,000.
3		Buys office furniture for $3,800, on account.
6		Sells a house and lot for E. C. Roads; commissions due from Roads, $10,800 (not paid by Roads at this time).
10		Receives cash of $140 as commission for acting as rental agent renting an apartment.
27		Pays $700 on account for the office furniture purchased on October 3.
30		Pays the administrative assistant $3,000 in salary for October.