Transaction data for Sanculi Real Estate Agency are presented in E2-4. In E2-4, the following information relates

Question:

Transaction data for Sanculi Real Estate Agency are presented in E2-4.
In E2-4, the following information relates to Sanculi Real Estate Agency.
Oct. 1 Alan Sanculi 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 R. Craig; bills R. Craig $3,800 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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Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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