Question: 1 2 E2.5 (LO 2), AP Transaction data for Lexington Real Estate Agency are presented as follows. Diane Lexington begins business as a real estate

 1 2 E2.5 (LO 2), AP Transaction data for Lexington Real

1 2 E2.5 (LO 2), AP Transaction data for Lexington Real Estate Agency are presented as follows. Diane Lexington begins business as a real estate agent with a cash investment of $20,000 in Oct. exchange for common stock. Hires an administrative assistant. 3 Purchases office furniture for $2,300, on account. Sells a house and lot for N. Fennig; bills N. Fennig 6 $3,600 for realty services performed. Pays $850 on the balance related to the 27 transaction of October 3. Pays the administrative assistant $2,500 in salary 30 for October. Instructions Journalize the transactions. (You may omit explanations.) Analyze transactions and journalize

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