Tommyjoo
Jul 3, 2012, 05:42 AM
This information relates to Plunkett Real Estate Agency.
Oct. 1 Stockholders invest $30,870 in exchange for common stock of the corporation.
2 Hires an administrative assistant at an annual salary of $35,520.
3 Buys office furniture for $3,760, on account.
6 Sells a house and lot for M.E. Petty; commissions due from Petty, $11,780 (not paid by Petty at this time).
10 Receives cash of $210 as commission for acting as rental agent renting an apartment.
27 Pays $660 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $2,960 in salary for October.
Oct. 1 Stockholders invest $30,870 in exchange for common stock of the corporation.
2 Hires an administrative assistant at an annual salary of $35,520.
3 Buys office furniture for $3,760, on account.
6 Sells a house and lot for M.E. Petty; commissions due from Petty, $11,780 (not paid by Petty at this time).
10 Receives cash of $210 as commission for acting as rental agent renting an apartment.
27 Pays $660 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $2,960 in salary for October.