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This information relates to Monty Real Estate Agency for the month of October, 2022. Oct. 1 Stockholders invested $37,000 in exchange for common stock of

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This information relates to Monty Real Estate Agency for the month of October, 2022. Oct. 1 Stockholders invested $37,000 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $36,000. 3 Buys equipment for $4,400 on account. 6 Sells a house and lot for M Springer; commissions due from Springer, $10,500 (not paid by Springer at this time). 10 Receives cash of $190 as commission for acting as rental agent renting an apartment 27 Pays $880 on account for the equipment purchased on October 3. 30 Pays the administrative assistant $3,000 in salary for October. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, se account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Oct. 1 . Cash 37000 Common Stock 37000 Oct,2 No Entry Oct. 3 Equipment 4400 Accounts Payable 4400 Oct 6 Accounts Receivable > 10500 Sales Revenue 10500 Oct 3 Equipment 4400 Accounts Payable 4400 Oct. 6 Accounts Receivable 10500 Sales Revenue 10500 Oct. 10 : Cash 190 Sales Revenue 190 Oct. 27 Accounts Payable 880 Cash 880 Oct. 30 : Salaries and Wages Expense 3000 Cash 3000 Cash Accounts Receivable Equipment Accounts Payable Common Stock Service Revenue Common Stock Service Revenue Salaries and Wages Expense

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