Business, 31.05.2021 19:50 em387p3s1zr
The following information relates to Concord Real Estate Agency.
Oct. 1 James Concord begins business as a real estate agent with a cash investment of $22,200.
2 Hires an administrative assistant.
3 Purchases office furniture for $2,812, on account.
6 Sells a house and lot for C. Rouse; bills C. Rouse $5,328 for realty services performed.
27 Pays $1,628 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $3,700 in salary for October.
Required:
Journalize the transactions in the general journal.
Answers: 2
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The following information relates to Concord Real Estate Agency.
Oct. 1 James Concord begins busine...
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