Question: Current Attempt in Progress The following information relates to Coronado Real Estate Agency. Oct. 1 James Coronado begins business as a real estate agent with
Current Attempt in Progress The following information relates to Coronado Real Estate Agency. Oct. 1 James Coronado begins business as a real estate agent with a cash investment of $18,150. 2 Hires an administrative assistant. 3 Purchases office furniture for $2,299, on account. 6 Sells a house and lot for C. Rouse; bills C. Rouse $4,356 for realty services performed. 27 Pays $1,331 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $3,025 in salary for October. Prepare the debit-credit analysis for each transaction. Of no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
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