transaction data for lachapelle real estate agency are presented 592075

1

Arthur Lachapelle begins business as a real estate agent with a cash investment of $15,000.

2

Hires an administrative assistant.

3

Purchases office furniture for $1,900, on account.

6

Sells a house and lot for J. Baxter; bills J. Baxter $3,600 for realty services performed.

27

Pays $1,100 on the balance related to the transaction of October 3.

30

Pays the administrative assistant $2,500 in salary for October.