Your answer is correct.
This information relates to Plunkett Real Estate Agency.
Stockholders invest $30,990 in exchange for common stock
of the corporation.
Hires an administrative assistant at an annual salary of
Buys office furniture for $4,200, on account.
Sells a house and lot for M.E. Petty; commissions due from
Petty, $10,570 (not paid by Petty at this time).
Receives cash of $210 as commission for acting as rental
agent renting an apartment.
Pays $740 on account for the office furniture purchased on
Pays the administrative assistant $2,820 in salary for
Journalize the transactions. (If no entry is
required, select “No entry” for the account titles and enter 0 for
the amounts. Credit account titles are automatically indented when
amount is entered. Do not indent