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Transaction data for Monty Real Estate Agency are presented as follows. Oct. 1 2 3 Diane Lexington begins business as a real estate agent with
Transaction data for Monty Real Estate Agency are presented as follows. Oct. 1 2 3 Diane Lexington begins business as a real estate agent with a cash investment of $22.710 in exchange for common stock Hires an administrative assistant Purchases office furniture for $2,612, on account. (Hint:Use the Equipment account.) Sells a house and lot for N. Fennig: bills N. Fennig $4,088 for realty services performed. Pays $965 on the balance related to the transaction of October 3. Pays the administrative assistant $2,839 in salary for October 6 a 27 30 Journalize the transactions. (Credit account 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.) Date Account Titles and Explanation Debit Credit
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