This information relates to Pickert Real Estate Agency.
Oct. 1 Stockholders invested $34,073 in exchange for common stock of the corporation.
Oct. 2 Hires an administrative assistant at an annual salary of $49,920.
Oct. 3 Buys office furniture for $4,707, on account.
Oct. 6 Sells a house and lot for M.E. Petty; commissions due from Petty, $15,215 (not paid by Petty at this time).
Oct. 10 Receives cash of $172 as commission for acting as rental agent renting an apartment.
Oct. 27 Pays $745 on account for the office furniture purchased on October 3.
Oct. 30 Pays the administrative assistant $3,684 in salary for October.
Journalize the transactions.