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Presented below is information related toHanshew Real Estate Agency.

Oct. 1 Pete Hanshew begins business as a realestate agent with a cash investment of $ 15,000.

2 Hires an administrative assistant.

3 Purchases office furniture for $1,900, on account.

6 Sells a house and lot for B. Kidman; bills B. Kidman $3,200 forrealty services provided.

27 Pays $700 onthe balance related to the transaction of October 3

30 Pays theadministrative assistant $2,500 in salary for October.

Instructions:

Prepare the debit-credit analysis for each transaction.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9797300

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