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Transaction data for Pharoah Real Estate Agency are presented as follows. Oct. 1 Pharoah begins business as a real estate agent with a cash investment
Transaction data for Pharoah Real Estate Agency are presented as follows.
Oct. Pharoah begins business as a real estate agent with a cash investment of $ in exchange for common stock.
Hires an administrative assistant.
Purchases office furniture for $ on account. Hint: Use the Equipment account.
Sells a house and lot for N Fennig; bills N Fennig $ for realty services performed.
Pays $ on the balance related to the transaction of October
Pays the administrative assistant $ in salary for October.
Date
Account Titles and Explanation
Debit
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