Post the following transactions to T- Accounts.;Oct. 1 Stockholders invest $31,940 in exchange for common stock of the corporation.;2 Hires an administrative assistant at an annual salary of $38,280.;3 Buys office furniture for $3,610, on account.;6 Sells a house and lot for M.E. Graves, commissions due from Graves, $11,550 (not paid by Graves at this time).;10 Receives cash of $210 as commission for acting as rental agent renting an apartment.;27 Pays $620 on account for the office furniture purchased on October 3.;30 Pays the administrative assistant $3,190 in salary for October.
Paper#24402 | Written in 18-Jul-2015Price : $27