Exercise 2-05 (Video) The following information relates to Sheridan Real Estate Agency. Oct. 1 James Sheridan begins business as a real estate agent with a cash investment of $17,400. 2 Hires an administrative assistant. 3 Purchases office furniture for $2,204, on account. 6 Sells a house and lot for C. Rouse, bills C. Rouse $4,176 for realty services performed. 27 Pays $1,276 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2,900 in salary for October. Journalize the transactions. (Credit account titles are automatically indented when amount is ent presented in the problem. If no entry is required, select "No Entry" for the account titles and e