Transaction data for Monty Real Estate Agency are presented as follows. Oct. 1 Diane Lexington begins business
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Question:
Transaction data for Monty Real Estate Agency are presented as follows.
Oct.
1 Diane Lexington begins business as a real estate agent with a cash investment of $22,710 in exchange for common stock.
2 Hires an administrative assistant.
3. Purchases office furniture for $2,612, on account. (Hint: Use the Equipment account)
6 Sells a house and lot for N. Fennig: bills N. Fennig $4,088 for realty services performed.
27 Pays $965 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $2,839 in salary for October,
Required
Journalize the transactions.
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