The following is information related to Conan Real Estate Agency. Oct. 1 Arnold Conan begins...
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Accounting
The following is information related to Conan Real Estate Agency. Oct. 1 Arnold Conan begins business as a real estate agent with a cash investment of $18,000 in exchange for common stock. 2 Hires an administrative assistant. 3 Purchases office equipment for $1,700, on account. 6 Sells a house and lot for B. Clinton; bills B. Clinton $4,200 for realty services performed. 21 Pays $900 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2,800 in salary for October. Instructions Journalize the transactions.
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