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Exercise 2-5 Presented below is information related to Lexington Real Estate Agency Oct. 1 Diane Lexington begins business as a real estate agent with a

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Exercise 2-5 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 $26,886 in exchange for common stock 2 Hires an administrative assistant. 3 Purchases office furniture for $3,092, on account. 6 Sells a house and lot for N. Fennig; bills N. Fennig $4,839 for realty services performed. 27 Pays $1,143 on the balance related to the transaction of October 3 30 Pays the administrative assistant $3,361 in salary for October Journalize the transactions. (Credit account titles are automatically indented when the 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 0 for the amounts.) Date Account Titles anr Explanation Debit Credit Version 4.24.15.5 of Joh Wiles 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

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