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This information relates to Sheffield Real Estate Asency. Oct. 1 Stockholders invest $33,860 in exchange for common stock of the corporation. 2 Hires an administrative

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This information relates to Sheffield Real Estate Asency. Oct. 1 Stockholders invest $33,860 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 $3,850, on account. 6 Sells a house and lot for E. C. Roads commissions due from Rosds, $10,620 (not paid by Rosds at this time). 10 Receives cash of $220 as commission for acting as rental agent renting an apartment. 27 Pays $790 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2.610 in salary for October. Ott. 1 Debits - Debit Credits Credit Ott. 2 Debits Debit Credits Credit Oct.3 Debits Oct:3 Debits Debit Credits Credit 5 5 Oct.6 Debits Debit Credits Credit s Oct 10 Debits Question 21 of 53

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