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View Policies Show Attempt History Current Attempt in Progress Presented below is information related to Martin Real Estate Agency. Oct. 1 Pete Martin begins business
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Presented below is information related to Martin Real Estate Agency.
Oct. Pete Martin begins business as a real estate agent with a cash investment of $
Hires an administrative assistant. She starts working that day.
Purchases office furniture for $ by paying $ cash with the balance on account.
Sells a house and lot for Kidman, earning a fee of $ with $ collected in cash and the balance billed to Kidman.
Pays $ on the balance related to the transaction of October
Pays the administrative assistant $ in salary for October.
Collects $ of the balance owed by N Kidman.
a
Your answer is partially correct.
Journalize the transactions. You may omit explanations.Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. Record entries in the order displayed in the problem statement. List all debit entries before credit entries.
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