1 answer

Any one know how to do this? Question 2 of 4 -/1 View Policies Current Attempt...

Question:

any one know how to do this?
Question 2 of 4 -/1 View Policies Current Attempt in Progress This information relates to Cheyenne Real Estate Agency Stockho
Question 2 of 4 Oct. 1 Debits > Debit $ Credits Credit $ Oct. 2 Debits > $ V Debit Cash Credits Common Stock Equipment Credit
Oct. 6 Debits Debit Credits Credit Increase Assets Increase Stockholders Equity Decrease Assets Increase Revenues Increase E
- / 1 = < Question 2 of 4 > Oct. 27 Debits Debit $ Credits $ Credit Oct. 30 Debits $ Debit Credits $ Credit e Textbook and Me
Question 2 of 4 -/1 View Policies Current Attempt in Progress This information relates to Cheyenne Real Estate Agency Stockholders invest $31,770 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $42,720. Buys office furniture for $3,740, on account Sells a house and lot for E.C. Roads: commissions due from Roads, $10,430 (not paid by Roads at this time). Receives cash of $185 as commission for acting as rental agent renting an apartment. Pays $800 on account for the office furniture purchased on October 3. Pays the administrative assistant $3,560 in salary for October. Oct. 1 2 3 6 10 27 30 Prepare the debit-credit analysis for each transaction. (f there is no transaction, then enter No Effect for the account and for the amount.)
Question 2 of 4 Oct. 1 Debits > Debit $ Credits Credit $ Oct. 2 Debits > $ V Debit Cash Credits Common Stock Equipment Credit Accounts Payable Accounts Receivable Service Revenue Debits Salaries and Wages Expense No Effect Debit Oct. 3 $ Credits
Oct. 6 Debits Debit Credits Credit Increase Assets Increase Stockholders' Equity Decrease Assets Increase Revenues Increase Expenses Decrease Stockholders' Equity Decrease Revenues Decrease Expenses No Effect Increase Liabilities Decrease Liabilities Oct. 10 Debits Debit Credits Credit $ Oct. 27 Debits Debit $
- / 1 = < Question 2 of 4 > Oct. 27 Debits Debit $ Credits $ Credit Oct. 30 Debits $ Debit Credits $ Credit e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later s o

Answers

Answer Oct-01 Debit Debit Credit $ 31,770 Credit $ 31,770 Oct-02 Debit Debit $ 42,720 Credit Credit $ 42,720 Oct-03 Debit |$$ 800 Oct-27 Debit Debit Credit Credit Decrease Liabilities Accounts Payable Decrease Assets Cash Decrease Liabilities Accoun

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