Question
This information relates to Pickert Real Estate Agency.
Oct. 1
Stockholders invested $30,000 in exchange for common stock of the corporation.
Oct. 2
Hires an administrative assistant at an annual salary of $42,000.
Oct. 3
Buys office furniture for $4,600, on account.
Oct. 6
Sells a house and lot for M.E. Petty; commissions due from Petty, $10,800 (not paid by Petty at this time).
Oct. 10
Receives cash of $140 as commission for acting as rental agent renting an apartment.
Oct. 27
Pays $700 on account for the office furniture purchased on October 3.
Oct. 30
Pays the administrative assistant $3,500 in salary for October.
Post the transactions to T-accounts and complete the following trial balance.(If answer is zero, please enter 0, do not leave any fields blank.)