Journalize transactions

Sigchi4life
Category:
Accounting
Price: $10 USD

Question description

Oct. 1Lynn Robbins begins business as a real estate agent with a cash investment of $20,000 in exchange for common stock.
2Hires an administrative assistant.
3Purchases office furniture for $1,900, on account.
6Sells a house and lot for N. Fennig; bills N. Fennig $3,200 for realty services provided.
27Pays $850 on the balance related to the transaction of October 3.
30Pays the administrative assistant $2,500 in salary for October.
Journalize the transactions
Date

Account Titles and Explanation

Debit

Credit

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Tutor Answer

(Top Tutor) Daniel C.
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School: UIUC
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