Oct. Exercise 2-04 (Video) Presented below is information related to Cullumber Company. 1 Diane Lexington begins business as a real estate agent with a cash investment of $15,000 in exchange for common stock. 2 Hires an administrative assistant. 3 Purchases office furniture for $1,800, on account. 6 Sells a house and lot for N. Fennig: bills N. Fennig $3,000 for realty services performed. 27 Pays $500 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2,000 in salary for October Prepare the debit-credit analysis for each transaction. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit-Credit Analysis Oct. 1 Debits Debit Credits Credit Oct. 2 Debits Debit $ Credits Credit Oct. 3 Debits Debit 1to search