This information relates to Monty Real Estate Agency. Oct. 1 Stockholders invest $30,000 in exchange...
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This information relates to Monty Real Estate Agency. Oct. 1 Stockholders invest $30,000 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $31,080. 3 Buys office furniture for $3,700, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,090 (not paid by Roads at this time). 10 Receives cash of $220 as commission for acting as rental agent renting an apartment. 27 Pays $630 on account for the office furniture purchased on October 3. 30 Pays the administrative assistant $2,590 in salary for October
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