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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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