The following information is related to Sunland Real Estate Agency. Oct. Diane Lexington be stock. gins...

 

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The following information is related to Sunland Real Estate Agency. Oct. Diane Lexington be stock. gins business as a real estate agent with a cash investment of $17, 400 in exchange for common 1. 2 Hires an administrative assistant. 3 Purchases office furniture for $1,950, on account. (Hint: Use the Equipment account.) 6. Sells a house and lot for N. Fennig: bills N. Fernig $3,850 for realty services performed. 27 Pays S600 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2.500 in salary for October. Prepare the debit-credit analysis for each transaction. (If no entry is required, seiect "No Entry" for the account titles and enter O for the amounts) The following information is related to Sunland Real Estate Agency. Oct. Diane Lexington be stock. gins business as a real estate agent with a cash investment of $17, 400 in exchange for common 1. 2 Hires an administrative assistant. 3 Purchases office furniture for $1,950, on account. (Hint: Use the Equipment account.) 6. Sells a house and lot for N. Fennig: bills N. Fernig $3,850 for realty services performed. 27 Pays S600 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2.500 in salary for October. Prepare the debit-credit analysis for each transaction. (If no entry is required, seiect "No Entry" for the account titles and enter O for the amounts)