This information relates to Swifty Real Estate Agency. Oct. 1 Stockholders invest $ 30,180 in exchange for common stock of the corporation.
2 Hires an administrative assistant at an annual salary of $ 43,800.
3 Buys office furniture for $ 4,010, on account.
6 Sells a house and lot for E. C. Roads; commissions due from Roads, $11,120 (not paid by Roads at this time).
10 Receives cash of $175 as commission for acting as rental agent renting an apartment.
27 Pays $790 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $3,650 in salary for October.

Required:
Journalize the transactions.

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Which of the following is least likely to a team solve problems together

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.