Presented below is information related to Marx Real Estate Agency Inc.:

Oct. 1 Lynn Marx begins business as a real estate agent with a cash investment of \(\$ 13,000\) in exchange for common stock.

2 Hires an administrative assistant.

3 Buys office furniture for \(\$ 1,900\), on account.

6 Sells a house and lot for B. Rollins; fees due from Rollins, \(\$ 3,200\) (not paid by Rollins at this time).

10 Receives cash of \(\$ 140\) as fees for renting an apartment for the owner.

27 Pays \(\$ 700\) on the balance indicated in the transaction of October 3.

30 Pays the administrative assistant \(\$ 960\) in salary for October.

\section*{Instructions}

Prepare the debit-credit analysis for each transaction as illustrated on pages 51-54.