This information relates to Sarasota Real Estate Agency. Oct. 1 Stockholders invest $30,500 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $31,680. 3 Buys office furniture for $3,750, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,140 (not paid by Roads at this time). 10 Receives cash of $150 as commission for acting as rental agent renting an apartment. 27 Pays $720 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,640 in salary for October. SARASOTA REAL ESTATE AGENCY Trial Balance