Presented below is information related to Wildhorse Company.
Oct. 1 Diane Lexington begins business as a real estate agent with
a cash investment of $15,700 in exchange for common stock. 2 Hires
an administrative assistant. 3 Purchases office furniture for
$2,450, on the account. 6 Sells a house and lot for N. Fennig;
bills N. Fennig $3,650 for realty services performed. 27 Pays $600
on the balance related to the transaction of October 3. 30 Pays the
administrative assistant $2,350 in salary for October. Prepare
the debit-credit analysis for each transaction.
Presented below is information related to Wildhorse Company. Oct. 1 Diane Lexington begins business as a real estate age
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