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View Policies Current Attempt in Progress The following information relates to Sunland Real Estate Agency. Oct. 1 2 3 6 27 30 Oct. 1 James
View Policies Current Attempt in Progress The following information relates to Sunland Real Estate Agency. Oct. 1 2 3 6 27 30 Oct. 1 James Sunland begins business as a real estate agent with a cash investment of $19,350. Hires an administrative assistant. Prepare the debit-credit analysis for each transaction. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Oct. 2 Purchases office furniture for $2,451, on account. Sells a house and lot for C. Rouse; bills C. Rouse $4,644 for realty services performed. Pays $1,419 on the balance related to the transaction of October 3. Pays the administrative assistant $3,225 in salary for October. Debits Credits Debits Credits : Affect on Accounts Debit Credit Debit Debit-Credit Analysis V Credit tA $ VA $ $ $ A UU UU 46F Mostly sunny
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