Pete hanshew begins business as a real estate agent with a

Question

Presented below is information related to Hanshew Real Estate Agency.

Oct. 1		Pete Hanshew begins business as a real estate agent with a cash investment of $15,000 in exchange for common stock.
2		Hires an administrative assistant.
3		Purchases office furniture for $1,900, on account.
6		Sells a house and lot for B. Kidman; bills B. Kidman $3,200 for realty services provided.
27		Pays $700 on the balance related to the transaction of October 3.
30		Pays the administrative assistant $2,500 in salary for October.

Prepare the debit-credit analysis for each transaction.

Oct. 1		assets:	Cash.
		stockholders' equity:	Common Stock
2		No transaction.
3		assets:	Office Furniture.
		liabilities:	Accounts Payable.
6		assets:	Accounts Receivable.
		revenues:	Service Revenue.
27		liabilities:	Accounts Payable.
		assets:	Cash.
30		expenses:	Salaries Expense.
		assets:	Cash.