Presented below is information related to Lexington Real Estate Agency:
Oct. 1 Diane Lexington begins business as a real estate agent with a cash investment of $28,922 in exchange for common stock.
2 Hires an administrative assistant.
3 Purchases office furniture for $3,326, on account.
6 Sells a house and lot for N. Fennig; bills N. Fennig $5,206 for realty services performed.
27 Pays $1,229 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $3,615 in salary for October.
Journalize the transactions.(Credit account titles are automatically indented when the amount is entered. Do not indent manually.
Answers: 2
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Presented below is information related to Lexington Real Estate Agency:
Oct. 1 Diane Lexington begi...
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