Presented below is information related to Beijing Real Estate Agency Ltd. Oct. 1 Lynn Robbins begins business as a real estate agent with a cash investment of ¥200,000 in exchange for ordinary shares. 2 Hires an administrative assistant. 3 Purchases office furniture for ¥19,000, on account. 6 Sells a house and lot for N. Fennig; bills N. Fennig ¥32,000 for realty services performed. 27 Pays ¥8,500 on the balance related to the transaction of October 3. 30 Pays the administrative assistant ¥25,000 in salary for October. Instructions Prepare the debit-credit analysis for each transaction as illustrated on pages 65-70.
Presented below is information related to Beijing Real Estate Agency Ltd. Oct. 1 Lynn Robbins begins 1 answer below »
We’re glad you’re considering us as your academic assistant, and we’d like to explain to you why exactly we firmly believe we’re one of the best companies in the industry.
SPECIAL OFFER FOR NEW CUSTOMERS: GET 15% OFF FOR YOUR FIRST ORDER! 15% OFF your first order! Order Now