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This information relates to Swifty Real Estate Agency. Oct. 1 Stockholders imvest $31,200 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 imvest $31,200 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $32,520. 3 Buys office furniture for $3,820, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,210 (not paid by Roads at this time). 10 Receives cash of $220 as commission for acting as rentalagent renting an apartment. 27 Pays $660 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,710 in salary for October. Accounts Payable Post the transactions to T-accounts and determine month-end balances. (Post entries in the order of information presented in the question.) Accounts Receivable

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