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(Solved): This information relates to McCall Real Estate Agency. Oct 1 Stockholders invest \( \$ 31,500 \) ...



This information relates to McCall Real Estate Agency. Oct 1 Stockholders invest \( \$ 31,500 \) in exchange for common stock of the corporation. 2. Hires an administrative assistant at an annual salary of \( \$ 32,880 \). 3 Buys office furniture for \( \$ 3,850 \), on account. 6. Sells a house and lot for E. C. Roads: commissions due from Roads, \( \$ 10,240 \) (not paid by Roads at this time). 10 Receives cash of \( \$ 250 \) as commission for acting as rental agent renting an apartment 27 Pays \( \$ 720 \) on account for the office furmiture purchased on Oatober 3. 30 Pays the administrative assistant \( \$ 2,740 \) in salary for October. (a) Fost the transactions to T-accounts. (Post entries in the order of information presented in the question.)



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