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This information relates to McCall Real Estate Agency. Oct. 1 Stockholders invest $33,890 in exchange for common stock of the corporation. 2 Hires an administrative
This information relates to McCall Real Estate Agency. Oct. 1 Stockholders invest $33,890 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $34,320. 3 Buys office furniture for $3,780, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $11,570 (not paid by Roads at this time). 10 Receives cash of $160 as commission for acting as rental agent renting an apartment. 27 Pays $720 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,860 in salary for October. Oct. 6 Debits Debit $ Credits Credit $ Oct. 10 Debits Debit $ Credits Credit $ Oct. 27 Debits Debit $ Credits Credit $ Debits Debit $ Credits Credit $
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