The following information relates to Coronado Real Estate Agency. Oct. 1 Alan Coronado begins business as a real estate agent with a cash investment of $13950 Oct. 2 Hres an administrative assistant Oct. 3 Purchases office furniture for $1,767 on account Oct. 6 Sells a house and lot for R. Craig bills R. Craig $3,534 for realty services performed. Oct. 27 Pays $1,023 on the balance realted to the transaction of October 3. Oct. 30 Pays the administrative assistant $2,325 in salary for October. Prepare the debit-credit analysis for each transaction.

The following information relates to Coronado Real Estate Agency. Oct. 1 Alan Coronado begins business as a real estate agent with a cash investment of $13950 Oct. 2 Hres an administrative assistant Oct. 3 Purchases office furniture for $1,767 on account Oct. 6 Sells a house and lot for R. Craig bills R. Craig $3,534 for realty services performed. Oct. 27 Pays $1,023 on the balance realted to the transaction of October 3. Oct. 30 Pays the administrative assistant $2,325 in salary for October. Prepare the debit-credit analysis for each transaction.

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter23: Accounting For Partnerships

Section: Chapter Questions

Problem 1MP

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