This information relates to Pina Real Estate Agency.

Oct. 1		Stockholders invest $33,540 in exchange for common stock of the corporation.
2		Hires an administrative assistant at an annual salary of $41,520.
3		Buys office furniture for $3,690, on account.
6		Sells a house and lot for E. C. Roads; commissions due from Roads, $11,190 (not paid by Roads at this time).
10		Receives cash of $155 as commission for acting as rental agent renting an apartment.
27		Pays $660 on account for the office furniture purchased on October 3.
30		Pays the administrative assistant $3,460 in salary for October.

Prepare the debitcredit analysis for each transaction. (If there is no transaction, then enter No Effect for the account and 0 for the amount.)

Exercise 3-08 This information relates to Pina Real Estate Agency. Oct. 1 2 3 6 Stockholders invest $33,540 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $41,520. Buys office furniture for $3,690, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $11,190 (not paid by Roads at this time). Receives cash of $155 as commission for acting as rental agent renting an apartment. Pays $660 on account for the office furniture purchased on October 3. Pays the administrative assistant $3,460 in salary for October. 10 27 30 Prepare the debit-credit analysis for each transaction. (If there is no transaction, then enter No Effect for the account and 0 for the amount.) Oct. 1 Debits Debit $ Credits Credit $ Oct. 2 Debits Debit Credits Credit Oct. 3 Debits Debit Credits Credit $