Business
Business, 13.02.2020 07:26, Graciesett6879

Presented below is information related to Larkspur Company.

Oct. 1 Diane Lexington begins business as a real estate agent with a cash investment of $19,800 in exchange for common stock.
2 Hires an administrative assistant.
3 Purchases office furniture for $2,300, on account.
6 Sells a house and lot for N. Fennig; bills N. Fennig $3,750 for realty services performed.
27 Pays $850 on the balance related to the transaction of October 3.
30 Pays the administrative assistant $2,300 in salary for October.

Prepare the debit-credit analysis for each transaction.

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Presented below is information related to Larkspur Company.

Oct. 1 Diane Lexington begin...

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