Question
Transaction data forSwiftyReal Estate Agency are presented as follows. Oct. 1Diane Lexington begins business as a real estate agent with a cash investment of $21,688in
Transaction data forSwiftyReal Estate Agency are presented as follows.
Oct. 1Diane Lexington begins business as a real estate agent with a cash investment of $21,688in exchange for common stock.2Hires an administrative assistant.3Purchases office furniture for $2,494, on account.6Sells a house and lot for N. Fennig; bills N. Fennig $3,904for realty services performed.27Pays $922on the balance related to the transaction of October 3.30Pays the administrative assistant $2,711in salary for October.
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 0 for the amounts.)
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