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Transaction data for Vaughn Real Estate Agency are presented as follows. Oct. 1 2 3 6 27 30 James Vaughn begins business as a real
Transaction data for Vaughn Real Estate Agency are presented as follows. Oct. 1 2 3 6 27 30 James Vaughn begins business as a real estate agent with a cash investment of $19,800. Hires an administrative assistant. Purchases office furniture for $2,508, on account. Sells a house and lot for C. Rouse; bills C. Rouse $4,752 for realty services performed. Pays $1,452 on the balance related to the transaction of October 3. Pays the administrative assistant $3,300 in salary for October. Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amou entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit
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