s://assessment.education.wiley.com/was/ui/v2/assessment-player/index.html?launchid=4a8deaf9-0515-47cb-bbee 0820... Homework Assignment Question 4 of 13 -11 View Policies Current Attempt in Progress The following information is related to Sunland Real Estate Agency. Oct. 1 2 3 Diane Lexington begins business as a real estate agent with a cash investment of $17.400 in exchange for common stock. Hires an administrative assistant Purchases office furniture for $1,950, on account. (Hint:Use the Equipment account.) Sells a house and lot for N. Fennig: bills N. Fennig $3,850 for realty services performed. Pays $600 on the balance related to the transaction of October 3. Pays the administrative assistant $2,500 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 and enter for the amounts) Debit-Credit Analysis Debit 1 Oct 1 Debits Increase Assets Credits Increase Stockholders' Equity Credit search 28 D hp omework Assignment Luestion 4 of 13 -/1 Prepare the debit-credit analysis for each transaction. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Debit-Credit Analysis Oct. 1 Debits Increase Assets VE Debit Credits Increase Stockholders' Equity Credit Oct. 2 Debits V: Debit Credits