2. 3 E2.4 (LO 1), C The following information is related to Lexington Real Estate Agency. Diane Lexington begins business with a cash investment of $20,0 Oct. 1 common stock. Hires an administrative assistan Purchases office furniture for $2 Sells a house and lot for N. Fenn 6 $3,600 for realty services perfor Pays $850 on the balance relater 27 October 3. Pays the administrative assistan 30 October. Instructions Prepare the debit-credit analysis for each transaction as illustrated in the chapter. Journalize transactions. 1 2 E2.5 (LO 2), AP Transaction data for Lexington Real Estate Agency are presented as follows. Diane Lexington begins business with a cash investment of $20,0 Oct. common stock. Hires an administrative assistan 3 Purchases office furniture for $2 Sells a house and lot for N. Fenn 6 $3,600 for realty services perfor Pays $850 on the balance relater 27 October 3. Pays the administrative assistan 30 October. Instructions Journalize the transactions. (You may omit explanations.) Analyze transactions and journalize. E2.6 (LO 1, 2), AP Fredo Industries had the following transactions. 1. Borrowed $5,000 from the bank by signing a note. 2. Paid $2,500 cash for a computer. 3. Purchased $450 of supplies on account. Instructions a. Indicate what accounts are increased and decreased by each transaction. b. Journalize each transaction. (Omit explanations.) Analyze transactions and journalize