Transaction data for Oriole Real Estate Agency are presented as follows

. Oct. 1 James Oriole begins business as a real estate agent with a cash investment of $17,550.

2 Hires an administrative assistant. 3 Purchases office furniture for $2,223, on account.

6 Sells a house and lot for C. Rouse; bills C. Rouse $4,212 for realty services performed.

27 Pays $1,287 on the balance related to the transaction of October 3.

30 Pays the administrative assistant $2,925 in salary for October.