Mathematics, 01.02.2021 02:40 elizabethprasad2

Exercise 2-05 (Video) The following information relates to Sheffield Real Estate Agency.

Oct. 1 James Sheffield begins business as a real estate agent with a cash investment of $21,750.
2 Hires an administrative assistant.
3 Purchases office furniture for $2,755, on account.
6 Sells a house and lot for C. Rouse; bills C. Rouse $5,220 for realty services performed.
27 Pays $1,595 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $3,625 in salary for October.

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Exercise 2-05 (Video) The following information relates to Sheffield Real Estate Agency.