This information relates to McCall Real Estate Agency.
Oct. 1
Stockholders invest $31,120 in exchange for common stock of the corporation.
2
Hires an administrative assistant at an annual salary of $36,600.
3
Buys office furniture for $3,760, on account.
6
Sells a house and lot for E. C. Roads; commissions due from Roads, $12,780 (not paid by Roads at this time).
10
Receives cash of $210 as commission for acting as rental agent renting an apartment.
27
Pays $670 on account for the office furniture purchased on October 3.
30
Pays the administrative assistant $3,050 in salary for October.
Prepare the debit–credit analysis for each transaction. (If there is no transaction, then enter No Effect for the account and 0 for the amount.)
Oct. 1
Debits
Debit
$
Credits
Credit
$
Oct. 2
Debits
Debit
$
Credits
Credit
$
Oct. 3
Debits
Debit
$
Credits
Credit
$
Oct. 6
Debits
Debit
$
Credits
Credit
$
Oct. 10
Debits
Debit
$
Credits
Credit
$
Oct. 27
Debits
Debit
$
Credits
Credit
$
Oct. 30
Debits
Debit
$
Credits
Credit
$
https://academicpapers.net/wp-content/uploads/2020/08/LOGO-300x75.png00Lizhttps://academicpapers.net/wp-content/uploads/2020/08/LOGO-300x75.pngLiz2022-08-23 13:00:282022-08-23 13:00:28This information relates to McCall Real Estate Agency, accounting homework help