The following information is related to Metlock Real Estate Agency. Oct. 1 Diane Lexington begins business as a real estate agent with a cash investment of $17,000 in exchange for common stock. 2 Hires an administrative assistant. 3 Purchases office furniture for $2,100, on account. (Hint: Use the Equipment account.) 6 Sells a house and lot for N. Fennig; bills N. Fennig $3,100 for realty services performed. 27 Pays $1,000 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2,500 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 Increase Assets Debit Cash Credits Increase Stockholders' Equity : Credit Common Stock Oct. 2 Debits No Effect : Debit No Entry Credits No Effect : Credit No Entry Oct. 3 Debits Credits : Debit : Credit