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CALCULATOR u Stockholders invest $31,930 in exchange for common stock of the corporation. 2 Oct. 1 Hires an administrative assistant at an annual salary of $30,600. 3 Buys office furniture for $3,850, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,770 (not paid by Roads at this time). Receives cash of $155 as commission for acting as rental agent renting an apartment. Pays $690 on account for the office furniture purchased on October 3. 10 27 30 Pays the administrative assistant $2,550 in salary for October. Journalize the transactions. (If no entry is required, select No entry for the account titles and enter o for the amo automatically indented when amount is entered. Do not indent manually, Record journal entries in the order pres Date Account Titles and Explanation 3 4 5 6 7 8 9
ent 40 4 6 8 9
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