This information relates to Pickert Real Estate Agency.
AlgebraExpertACC/291 ACC 291 ACC291 Accounting
University of Phoenix Axia Guide
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This information relates to Pickert Real Estate Agency.
Oct. 1 | Stockholders invested $30,000 in exchange for common stock of the corporation. |
Oct. 2 | Hires an administrative assistant at an annual salary of $42,000. |
Oct. 3 | Buys office furniture for $4,600, on account. |
Oct. 6 | Sells a house and lot for M.E. Petty; commissions due from Petty, $10,800 (not paid by Petty at this time). |
Oct. 10 | Receives cash of $140 as commission for acting as rental agent renting an apartment. |
Oct. 27 | Pays $700 on account for the office furniture purchased on October 3. |
Oct. 30 | Pays the administrative assistant $3,500 in salary for October. |
Post the transactions to T-accounts and complete the following trial balance. (If answer is zero, please enter 0, do not leave any fields blank.)
12 years ago
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acc_290_week_2_individual_assignment_-_pickert_real_estate_agency.docx
