This information relates to Bridgeport Real Estate Agency for the month of October, 2022. Oct. 1...

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This information relates to Bridgeport Real Estate Agency for the month of October, 2022. Oct. 1 Stockholders invested $45,000 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $39,000. 2 3 Buys equipment for $3,900 on account. 6 Sells a house and lot for M Springer; commissions due from Springer, $9,500 (not paid by Springer at this time). 10 Receives cash of $170 as commission for acting as rental agent renting an apartment. 27 Pays $780 on account for the equipment purchased on October 3. 30 Pays the administrative assistant $3,250 in salary for October. (a) Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) (b) Date Account Titles and Explanation Save for Later Debit Credit Attempts: 0 of 1 used Submit Answer This information relates to Bridgeport Real Estate Agency for the month of October, 2022. Oct. 1 Stockholders invested $45,000 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $39,000. 2 3 Buys equipment for $3,900 on account. 6 Sells a house and lot for M Springer; commissions due from Springer, $9,500 (not paid by Springer at this time). 10 Receives cash of $170 as commission for acting as rental agent renting an apartment. 27 Pays $780 on account for the equipment purchased on October 3. 30 Pays the administrative assistant $3,250 in salary for October. (a) Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) (b) Date Account Titles and Explanation Save for Later Debit Credit Attempts: 0 of 1 used Submit Answer

Answer rating: 100% (QA)

To prepare the income statement for Bridgeport Real Estate Agency for the month of October 2022 we n... View the full answer