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Make the debit-credit analysis for each transaction

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Reference no: EM132676063

The following information relates to Oriole Real Estate Agency.

Oct. 1 Alan Oriole begins business as a real estate agent with a cash investment of $24,000.

2 Hires an administrative assistant.3Purchases office furniture for $3,040, on account.

6 Sells a house and lot for R. Craig; bills R. Craig $6,080 for realty services performed.

27 Pays $1,760 on the balance related to the transaction of October 3.

30 Pays the administrative assistant $4,000 in salary for October.

Problem 1: Prepare the debit-credit analysis for each transaction.

Reference no: EM132676063

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