Question: View Policies Show Attempt History Current Attempt in Progress Presented below is information related to Martin Real Estate Agency. Oct. 1 Pete Martin begins business

View Policies
Show Attempt History
Current Attempt in Progress
Presented below is information related to Martin Real Estate Agency.
Oct. 1 Pete Martin begins business as a real estate agent with a cash investment of $25,000.
2 Hires an administrative assistant. She starts working that day.
3 Purchases office furniture for $2,900, by paying $730 cash with the balance on account.
6 Sells a house and lot for N. Kidman, earning a fee of $3,300, with $540 collected in cash and the balance billed to N. Kidman.
27 Pays $880 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $2,500 in salary for October.
31 Collects $1,100 of the balance owed by N. Kidman.
(a)
Your answer is partially correct.
Journalize the transactions. (You may omit explanations.)(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 0 for the amounts. Record entries in the order displayed in the problem statement. List all debit entries before credit entries.)
 View Policies Show Attempt History Current Attempt in Progress Presented below

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