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This information relates to Swifty Real Estate Agency. Oct, 1 Stockholders invest $30,180 in exchange for common stock of the corporation. 2 Hires an administrative

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This information relates to Swifty Real Estate Agency. Oct, 1 Stockholders invest $30,180 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $43,800. 3 Buys office furniture for $4,010, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $11,120 (not paid by Roads at this time). 10 Receives cash of $175 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 $3,650 in salary for October

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