This information relates to Ayayai Real Estate Agency. Oct. 1Stockholders invest $31,460 in exchange for common stock of the corporation. 2Hires an administrative assistant at an annual salary of $31,800. 3Buys office furniture for $3,810, on account. 6Sells a house and lot for E. C. Roads; commissions due from Roads, $11,020 (not paid by Roads at this time). 10Receives cash of $230 as commission for acting as rental agent renting an apartment. 27Pays $780 on account for the office furniture purchased on October 3. 30Pays the administrative assistant $2,650 in salary for October. Journalize the transactions.
