Oct. 1 Stockholders invest $30,000 in exchange for common stock of the
corporation.
2 Hires an administrative assist
ant at an annual salary of $36,000.
3 Buys office furniture for $3,800, on account.
6 Sells a house and lot for M.E. Graves; commissions due from Graves,
$10,800 (not paid by Graves at this time).
10 Receives cash of $140 as commission for acting as rental agent
renting an apartment.
27 Pays $700 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $3,000 in salary for October

Question

Oct. 1 Stockholders invest $30,000 in exchange for common stock of the
corporation.
2 Hires an administrative assist
ant at an annual salary of $36,000.
3 Buys office furniture for $3,800, on account.
6 Sells a house and lot for M.E. Graves; commissions due from Graves,
$10,800 (not paid by Graves at this time).
10 Receives cash of $140 as commission for acting as rental agent
renting an apartment.
27 Pays $700 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $3,000 in salary for October

anonymous · Answer

Journalize transactions