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Please help thanks. Transaction data for Bramble Real Estate Agency are presented as follows. Oct. 1 Diane Lexington begins business as a real estate agent
Please help thanks.
Transaction data for Bramble Real Estate Agency are presented as follows. 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. (Hint: Use the Equipment 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. Record iournal entries in the order presented in the problem. If no entrv is reauired. select "No Entrv" for the account titles and enter 0 for the amounts. Date Account Titles and Explanation Debit Credit From the following ledger balances, prepare a trial balance for the Blue Spruce Corp. at June 30, 2022. All account balances are normal. Accounts Payable $9,500, Cash $7,050, Common Stock $21,850, Dividends $3,300, Equipment $16,350, Service Revenue $8,50 Accounts Receivable $5,500, Salaries and Wages Expense $4,150, and Rent Expense $3,500Step by Step Solution
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