This information relates to Pronghorn Real Estate Agency. Oct. 1 2 3 6 10 27 30 Prepare the debit-credit analysis for each transaction. (If there is no transaction, then select 'No Effect' for the account.) Oct. 1 Oct. 2 Stockholders invest $31,100 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $31,320. Buys office furniture for $3,970, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $12,380 (not paid by Roads at this time). Receives cash of $240 as commission for acting as rental agent renting an apartment. Pays $770 on account for the office furniture purchased on October 3. Pays the administrative assistant $2,610 in salary for October. Oct. 3 Debits Debit Credits Credit Debits Debit Credits Credit Debits

This information relates to Pronghorn Real Estate Agency. Oct.1 Stockholders invest $31,100 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $31,320. 3 Buys office furniture for $3,970, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $12,380 (not paid by Roads at this time). 10 Receives cash of $240 as commission for acting as rental agent renting an apartment. 27 Pays $770 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,610 in salary for October. Prepare the debit-credit analysis for each transaction. (If there is no transaction, then select 'No Effect' for the account.)