This information relates to Marigold Real Estate Agency. Oct. 1 Stockholders invest $29,800 in exchange for common stock of the corporation.
2 Hires an administrative assistant at an annual salary of $30,840.
3 Buys office furniture for $3,680, on account.
6 Sells a house and lot for E. C. Roads; commissions due from Roads, $10,070 (not paid by Roads at this time).
10 Receives cash of $200 as commission for acting as rental agent renting an apartment.
27 Pays $780 on account for the office furniture purchased on October 3.
30 Pays the administrative assistant $2,570 in salary for October. 10 27 30
1. Post the transactions to T-accounts.
2. Prepare a trial balance at October 31, 2022.

How do primary and secondary industries differ

Balance sheet the assets of dallas & associates consist entirely of current assets and net plant and equipment. the firm has total assets of $2 5 million and net plant and equipment equals $2 million. it has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1 5 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. a. what is the company's total debt? b. what is the amount of total liabilities and equity that appears on the firm's balance sheet? c. what is the balance of current assets on the firm's balance sheet? d. what is the balance of current liabilities on the firm's balance sheet? e. what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] f. what is the firm's net working capital? g. what is the firm's net operating working capital? h. what is the explanation for the difference in your answers to parts f and g?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)