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which is debit or credit -/1 E Question 3 of 5 Transaction data for Cullumber Real Estate Agency are presented as follows. Oct. 1 2

image text in transcribedwhich is debit or credit
-/1 E Question 3 of 5 Transaction data for Cullumber Real Estate Agency are presented as follows. Oct. 1 2 3 6 27 30 Diane Lexington begins business as a real estate agent with a cash investment of $20,010 in exchange for common stock Hires an administrative assistant Purchases office furniture for $2,301, on account. (Hint: Use the Equipment account.) Sells a house and lot for N. Fennig bills N. Fennig $3,602 for realty services performed. Pays $850 on the balance related to the transaction of October 3. Pays the administrative assistant $2,501 in 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. I no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Lo Search o a 104 2/21

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