Question 1 of 5 View Policies Current Attempt in Progress The following information relates to Waterway Real Estate Agency, Oct. 1 2 3 James Waterway begins business as a real estate agent with a cash investment of $16,200. Hires an administrative assistant Purchases office furniture for $2,052, on account. Sells a house and lot for C. Rouse: bills C. Rouse $3,888 for realty services performed. Pays $1 188 on the balance related to the transaction of October 3. Pays the administrative assistant $2.700 in salary for October 6 27 30 Prepare the debit-credit analysis for each transaction (If no entry is required, select "No Entry" for the account titles an amounts.) Debit-Credit Analysis Effect on Accounting Equation Debits Debit 1 Credits Question 1 of 5 -14 Debit-Credit Analysis Effect on Accounting Equation EF Oct 1 Debits Debit Credits Credit Oct 2 Debits Debit > > Credits Credit Oct 3 Dubits Debe sc Credits Credit Oct Debits Debit $ Credits Credit Debits Det Credits @ct 30 Debit