This information relates to Ayayai Real Estate Agency for the month of October, 2025. Oct. 1...

 

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This information relates to Ayayai Real Estate Agency for the month of October, 2025. Oct. 1 Stockholders invested $34,000 in exchange for common stock of the corporation. An administrative assistant is hired at an annual salary of $39.000 2 3 Equipment is purchased for $3,100 on account. 6 10 A house and lot are sold for M, Springer; commissions due from Springer are $13.500 (not paid by Springer at this time). Cash is received in the amount of $170 as commission for acting as rental agent renting an apartment. Cash of $620 is paid on account for the equipment purchased on October 3. 30 The administrative assistant is paid a $3.250 in salary for October 27 28 (a) .../15 E Date Account Titles and Explanation Debit Credit Oct. 1 Cash 34000 Common Stock Oct. 2 No Entry No Entry Oct.3 Equipment 3100 34000 Accounts Payable 3700 Oct 6 Accounts Receivable 13500 Sales Revenue O30-> Cash Sales Revenue Oct 27- Accountable 170 620 13500 estion 26 of 26 (b) Oct. 10 Cash Sales Revenue Oct. 27 Accounts Payable Cash 170 ../15 E 1 620 Oct. 30 Salaries and Wages Expense 3250 Cash eTextbook and Media Post the transactions to Taccounts. (Post entries in the order of journal entries presented in the previous part.) Cash 170 620 3250 Attempts: 1 of 1 used Post the transactions to T accounts. (Post entries in the order of journal entries presented in the previous part.) Cash > Accounts Receivable Equipment Accounts Payable" Question 26 of 26 Accounts Payable Common Stock Service Revenue Salaries and Wages Expense ./15 E This information relates to Ayayai Real Estate Agency for the month of October, 2025. Oct. 1 Stockholders invested $34,000 in exchange for common stock of the corporation. An administrative assistant is hired at an annual salary of $39.000 2 3 Equipment is purchased for $3,100 on account. 6 10 A house and lot are sold for M, Springer; commissions due from Springer are $13.500 (not paid by Springer at this time). Cash is received in the amount of $170 as commission for acting as rental agent renting an apartment. Cash of $620 is paid on account for the equipment purchased on October 3. 30 The administrative assistant is paid a $3.250 in salary for October 27 28 (a) .../15 E Date Account Titles and Explanation Debit Credit Oct. 1 Cash 34000 Common Stock Oct. 2 No Entry No Entry Oct.3 Equipment 3100 34000 Accounts Payable 3700 Oct 6 Accounts Receivable 13500 Sales Revenue O30-> Cash Sales Revenue Oct 27- Accountable 170 620 13500 estion 26 of 26 (b) Oct. 10 Cash Sales Revenue Oct. 27 Accounts Payable Cash 170 ../15 E 1 620 Oct. 30 Salaries and Wages Expense 3250 Cash eTextbook and Media Post the transactions to Taccounts. (Post entries in the order of journal entries presented in the previous part.) Cash 170 620 3250 Attempts: 1 of 1 used Post the transactions to T accounts. (Post entries in the order of journal entries presented in the previous part.) Cash > Accounts Receivable Equipment Accounts Payable" Question 26 of 26 Accounts Payable Common Stock Service Revenue Salaries and Wages Expense ./15 E