![audreydalekshed](/avatars/19806.jpg)
audreydalekshed
24.09.2020 •
Business
This information relates to Bridgeport Real Estate Agency.
Oct.1 Stockholders invest $33,380 in exchange for common stock of the corporation.
2 Hires an administrative assistant at an annual salary of $37,320.
3 Buys office furniture for $4,060, on account.
6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,630
(not paid by Roads at this time).
10 Receives cash of $240 as commission for acting as rental agent renting an
apartment.
27 Pays $680 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $3,110 in salary for October.
Prepare the debit-credit analysis for each transaction.
Oct. 1 Debits No Effect
Debit Cash 33,380
Credits No Effect
Credit Common Stock 33,380
Debits No Effect
Debit No Effect
Oct.2 Credits No Effect
Oct. 3 Credit No Effect
Debits Increase Assets
Debit Equipment
Credits
Credit
Oct. 6 Debits
Debit
Credits
Credit
Oct. 10 Debits
Debit
Credits
Credit
Oct. 27 Debits
Debit
Credits
Credit
Oct 30 Debits
Debit
Credits
Credit
Solved
Show answers
More tips
- S Society and Politics Как правильно поддерживать температуру в квартире для здоровья...
- L Leisure and Entertainment How to Make a Crab Trap in Just a Few Minutes...
- H Health and Medicine How Much Does Abortion Cost? Expert Answers and Insights...
- S Sport How to Build Arm Muscles? Effective Exercises and Tips...
- H Health and Medicine When can it be said that a person has a normal pulse?...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
- F Family and Home Why Having Pets at Home is Good for Your Health...
- H Health and Medicine How to perform artificial respiration?...
- H Health and Medicine 10 Tips for Avoiding Vitamin Deficiency...
Answers on questions: Business
- B Business When writing the title of an account, how is it formatted? why? a.the title is capitalized to indicate that it is an account with a credit balance. b.the title is capitalized...
- M Mathematics How to divide 3/4 by 3/8...
- E English What does Esperanza from sally?...
- E Engineering ASAP correct answer plss When you are driving, if you see this traffic sign it means A: There is a low place in the road. You should drive slowly and be ready to stop...
- P Physics What happens to sediment as a result of erosion and deposition? (Basically what happens when Erosion or Deposition occur I think. Pls tell me if I was right along with...
- B Business Refer to Personal Accents, Inc. Which of these would be considered a high-risk investment for Charlotte as a PAI investor?...
- E English Is 17 it or they I need help pls...
- M Mathematics Who is hotter out of all of these?...
- E English ANNE FRANK THE PLAY Which paragraph from the play most strongly supports the answer to Question 3? O A. Paragraph 11 O B. Paragraph 15 C. Paragraph 25 O D. Paragraph...
- M Mathematics Solve x +17 18, and then graph the solutions. What are the solutions? Select the correct choice below and fill in the answer box to complete your choice....
Ответ:
Explanation:
again
check additional details in the attached file