Question: please help i don't understand View Policies Current Attempt in Progress The following information is related to Wildhorse Real Estate Agency. Oct. 1 Diane Lexington


View Policies Current Attempt in Progress The following information is related to Wildhorse Real Estate Agency. Oct. 1 Diane Lexington begins business as a real estate agent with a cash investment of $15,700 in exchange for common stock. 2 Hires an administrative assistant. 3 Purchases office furniture for $2,450, on account. (Hint Use the Equipment account.) 6 Sells a house and lot for N. Fennig; bills N. Fennig $3.650 tor realty services performed. 27 Pays $600 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2,350 in salary for October. For the omounts.) Oct 27 Deblts t) Debit Credits 4 1 Credit Oct. 30 Debits of : Debit Credits: 9): Credit
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