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Question: recording transactions exercise e24 the following information relates to sanculi...

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Recording Transactions Exercise: E2-4 The following information relates to Sanculi Real Estate Agency Oct. 1 Alan Sanculi begins business as a real estate agent with a cash investment of $15,000. 2 Hires an administrative assistant. 3 Purchases offi ce furniture for $1,900, on account. 6 Sells a house and lot for R. Craig; bills R. Craig $3,800 for realty services performed. 27 Pays $1,100 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2,500 in salary for October. Instructions Prepare the debit-credit analysis for each transaction. E2-5 Transaction data for Sanculi Real Estate Agency are presented in E2-4.
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