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This information relates to Shelfield Real Estate Agency. 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 Shelfield Real Estate Agency. 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 otfice furniture for $3,850, on account. 6 Selis a house and lot for E. C. Roads; commissions due from Roads, $10,620 (not paid by Roads at this time). 10 Recelves cash of $220 as commission for acting as rental agent renting an apartment. 27 Pars $790 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. (II there is no transoction, then select 'No Effect' for the occount. This information relates to Shelfield Real Estate Agency. 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 otfice furniture for $3,850, on account. 6 Selis a house and lot for E. C. Roads; commissions due from Roads, $10,620 (not paid by Roads at this time). 10 Recelves cash of $220 as commission for acting as rental agent renting an apartment. 27 Pars $790 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. (II there is no transoction, then select 'No Effect' for the occount

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