Transaction data for Lachapelle Real Estate Agency are presented in E2-4. In E2-4, Presented below is information
Question:
In E2-4, Presented below is information related to Lachapelle Real Estate Agency.
Oct. 1 Arthur Lachapelle begins business as a real estate agent with a cash investment of $15,000.
2 Hires an administrative assistant.
3 Purchases office furniture for $1,900, on account.
6 Sells a house and lot for J. Baxter; bills J. Baxter $3,600 for realty services performed.
27 Pays $1,100 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $2,500 in salary for October.
Instructions
Journalize the transactions. (You may omit explanations.)
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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