Exercise 2-05 (Video) The following information relates to Royale Real Estate Agency Oct. 1 James Royale begins business as a real estate agent with a cash investment of $17,000. 2 Hires an administrative assistant 3 Purchases office furniture for $1,900, on account. 6 Sells a house and lot for C. Rouse; bills C. Rouse $3,800 for realty services performed. 27 Pays $1,300 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2,500 in salary for October. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not Indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Journalize the transactions. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. Record four entries in the order presented in the problem. If no antry is required, select "No Entry" for the account titles and enter o for the amounts Date Account Titles and Explanation Debit Credit