Instructions prepare the debit-credit analysis for each transaction as illustrated E2-5 Transaction data for Lexington Real Estate Agency are prese Instructions Journalize the transactions. (You may omit explanations.) E2-6 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 (b) Journalize each transaction. (Omit explanations.) E2-7 Leppard Enterrpises had the following selected transactions 1. Kim Leppard invested $5,000 cash in the business in exchange 2. Paid office rent of $950 3. Performed consulting services and billed a client $4,700. 4. Declared and paid a $600 cash dividend. Instructions Instructions prepare the debit-credit analysis for each transaction as illustrated E2-5 Transaction data for Lexington Real Estate Agency are prese Instructions Journalize the transactions. (You may omit explanations.) E2-6 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 (b) Journalize each transaction. (Omit explanations.) E2-7 Leppard Enterrpises had the following selected transactions 1. Kim Leppard invested $5,000 cash in the business in exchange 2. Paid office rent of $950 3. Performed consulting services and billed a client $4,700. 4. Declared and paid a $600 cash dividend. Instructions