Question: presented below is information related to conan real estate agency...
- Presented below is information related to Conan Real Estate Agency.
Oct. 1 - Arnold Conan begins business as a real estate agent with a cash investment of $18,000 in
exchange for common stock.
2 - Hires an administrative assistant.
3 - Purchases office equipment for $1,700, on account.
6 – Sells a house and lot to John Homes; bills Homes $4,200 for realty services performed.
27 – Pays $900 on the balance related to the transaction of October 3.
30 – Pays the administrative assistant $2,800 in salary for October.
Instructions: Journalize the transactions.