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This information relates to McCall Real Estate Agency. Oct. 1 Stockholders invest $30,960 in exchange for common stock of the corporation. 2 Hires an administrative

This information relates to McCall Real Estate Agency.

Oct. 1 Stockholders invest $30,960 in exchange for common stock of the corporation.
2 Hires an administrative assistant at an annual salary of $39,960.
3 Buys office furniture for $3,630, on account.
6 Sells a house and lot for E. C. Roads; commissions due from Roads, $11,130 (not paid by Roads at this time).
10 Receives cash of $230 as commission for acting as rental agent renting an apartment.
27 Pays $640 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $3,330 in salary for October.

Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Date

Account Titles and Explanation

Debit

Credit

image text in transcribed Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

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image text in transcribed Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

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image text in transcribed Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

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image text in transcribed Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

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image text in transcribed Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

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image text in transcribed Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

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image text in transcribed Oct. 1Oct. 2Oct. 3Oct. 6Oct. 10Oct. 27Oct. 30

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