Reference no: EM132855646

Question - You have been hired a new accountant for newly formed real estate company called Antsy Real Estate Limited. The following business transaction occurred during the month of Sept. 2022

-Shareholders invest 60,00 in cash and common shares to start corporation

-Signed lease for office space for 10,500 per year for 5 years

-Paid 425 cash for supplies

-Purchased equipment for 12,000 paying 8000 in cash and signed 30 day bank loan payable for balance

-Purchased 200 of supplies on account

-Real estate commission fees billed to clients totalled 9,900

-Paid 600 cash for current month's rent

-Paid 150 cash on account for supplies purchased in transaction 5

-Received a bill for 400 for advertising for current month

-Paid 3900 cash for office salaries

-Paid 1000 cash dividends to shareholders

-Received a cheque for 4000 from a client for payment on account for commission billed in transaction

Required - Record the transactions for Sept.