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tigry1 [53]
3 years ago
8

Thiss information relates to McCall Real Estate Agency.

Business
1 answer:
Oduvanchick [21]3 years ago
3 0

Let understand that "journal" means a <em>detailed account </em>used to records all the financial transactions of a business.

  • The journal have a debit and credit.

Here, a "general journal account" will be employed to contain the list of information from McCall Real Estate Agency.

                                Journal Entry

Date       Account titles                     Debit      Credit

Oct 01     Cash                                $33,380

                      Common Stock                         $33,380

Oct 02 No Entry                          $0

               No Entry                                                  $0

Oct 03     Furniture                         $4,060

                    Account Payable                          $4,060

Oct 06    Accounts receivable        $10,630

                     To Service revenue                     $10,630

Oct 10    Cash                                    $240

                     To Service revenue                      $240

Oct 27    Account Payable                $680

                     To Cash                                          $680

Oct 30 Salary expense                  $3,110

                     To Cash                                          $3,110

<em>See similar answer here</em>

<em>brainly.com/question/17585151</em>

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