Prepare the debit-credit analysis for each transaction.

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Presented below is information related to Aromashodu Real Estate Agency. Oct. 1 Devin Aromashodu begins business as a real estate agent with a cash investment of $15,000.

2 Hires an administrative assistant.

3 Purchases offi ce furniture for $1,900, on account.

6 Sells a house and lot for H. Harrelson; bills H. Harrelson $3,600 for realty services provided.

27 Pays $1,100 on the balance related to the transaction of October 3.

30 Pays the administrative assistant $2,500 in salary for October.

Instructions

Prepare the debit-credit analysis for each transaction.

Reference no: EM13553429

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