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This information relates to McCall Real Estate Agency. Oct. 1 2 3 6 10 27 30 Stockholders invest $ 29,200 in exchange for common stock
This information relates to McCall Real Estate Agency. Oct. 1 2 3 6 10 27 30 Stockholders invest $ 29,200 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $30,120. Buys office furniture for $3,620, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $10,010 (not paid by Roads at this time). Receives cash of $140 as commission for acting as rental agent renting an apartment. Pays $670 on account for the office furniture purchased on October 3. Pays the administrative assistant $2,510 in salary for October Post the transactions to T-accounts. (Post entries in the order of information presented in the question.) Prepare a trial balance at October 31, 2017. MCCALL REAL ESTATE AGENCY Trial Balance Debit Credit
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