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Question 1 of 5 < > View Policies Current Attempt in Progress The following information is related to Novak Real Estate Agency. Oct. -/1

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Question 1 of 5 < > View Policies Current Attempt in Progress The following information is related to Novak Real Estate Agency. Oct. -/1 E Diane Lexington begins business as a real estate agent with a cash investment of $24,400 in exchange for common stock. 2 Hires an administrative assistant. 3 Purchases office furniture for $2,350, on account. (Hint: Use the Equipment account.) 6 Sells a house and lot for N. Fennig; bills N. Fennig $3,250 for realty services performed. 27 Pays $1,100 on the balance related to the transaction of October 3. 30 30 Pays the administrative assistant $2,400 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.) Oct. 1 Debits Debit Credit Debit-Credit Analysis

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