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The following information is related to Monty Real Estate Agency. Oct. 1 Diane Lexington begins business as a real estate agent with a cash investment

The following information is related to Monty Real Estate Agency.
Oct. 1 Diane Lexington begins business as a real estate agent with a cash investment of $23,700 in exchange for common stock.
2 Hires an administrative assistant.
3 Purchases office furniture for $2,200, 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 $700 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $2,150 in salry for October.
Prepare the debit-credit analysis for each transaction. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
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