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.