[Tommyjoo]

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.

[Tommyjoo]

The May transactions of StepAside Corporation were as follows.

May 4 Paid $610 due for supplies previously purchased on account.
7 Performed advisory services on account for $7,260.
8 Purchased supplies for $820 on account.
9 Purchased equipment for $2,950 in cash.
17 Paid employees $750 in cash.
22 Received bill for equipment repairs of $820.
29 Paid $1,220 for 12 months of insurance policy. Coverage begins June 1.

[pready]

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