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Transaction data for Blue Spruce Real Estate Agency are presented as follows: Oct. 1 Diane Lexington begins business as a real estate agent with a
Transaction data for Blue Spruce Real Estate Agency are presented as follows: Oct. 1 Diane Lexington begins business as a real estate agent with a cash investment of $22,952 in exchange for common stock. 2. Hires an administrative assistant. 3. Purchases office furniture for $2,639, on account: 6 Sells a house and lot for N. Fennig; bills N. Fennig $4,131 for realty services performed. 27 Pays $975 on the balance related to the transaction of October 3. 30. Pays the administrative assistant $2.869 in salary for October. Journalize the transactions. (Credit acceunt titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)
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