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This information relates to Monty Real Estate Agency. Oct. 1 Stockholders invest $34,040 in exchange for common stock of the corporation. 2 Hires an administrative

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This information relates to Monty Real Estate Agency. Oct. 1 Stockholders invest $34,040 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,780 (not paid by Roads at this time). 10 Receives cash of $165 as commission for acting as rental agent renting an apartment. 27 Pays $690 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,740 in salary for October. Oct. 27 Debits Debit $ Credits Credit $ Oct. 30 Debits Debit $ Credits Credit $ Oct.1 Debits. Debit. Credits Credit Oct. 2 Debits Debit Credits Credit Oct.3 Debits Credits Credit Oct. 6 Debits Debit Credits Credit Oct. 10 Debits $ $ $ $ Debit

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