The Recording Process

The following information relates to Sanculi Real Estate Agency:
Oct. 1Alan Sanculi begins business as a real estate agent with a cash investment of $15,000
2Hires an administrative assistant.
3Purchases office furniture for $1,900, on account.
6Sells a house and lot for R. Craig; bills R. Craig $3,800 for realty services performed.
27Pays $1,100 on the balance related to the transaction of October 3.
30Pays the administrative assistant $2,500 in salary for October.


Prepare the debit-credit analysis for each transaction.


Sanculi Real Estate Agency
Debit-Credit Analysis
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