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Business, 13.10.2020 01:01 izabelllreyes

Oct. 1 Stockholders invest $33,540 in exchange for common stock of the corporation 2 Hires an administrative assistant at an annual salary of $41,520. 3 Buys office furniture for $3,690, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $11,190 (not paid by Roads at this time) 10 Receives cash of $155 as commission for acting as rental agent renting an apartment. 27 Pays $660 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $3,460 in salary for October. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the the problem.)
Date Account Titles and Explanation Debit Credit

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Oct. 1 Stockholders invest $33,540 in exchange for common stock of the corporation 2 Hires an admini...
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