Question

Current Attempt in Progress Presented below is information related to Oriole Company. Oct. 1 2 3 6 Diane Lexington begins business as a real estate agent with a cash investment of $29,358 in exchange for common stock Hires an administrative assistant Purchases office furniture for $3,376, on account Sells a house and lot for N. Fennig; bills N. Fennig $5.284 for realty services performed. Pays $1.248 on the balance related to the transaction of October 3. Pays the administrative assistant $3,670 in salary for October. 27 30 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 for the amounts.)

Answer 1

Date	Particulars	Debit ($)	Credit ($)
1-Oct	Cash	29358
	Common stock		29358
	To record investment of capital
2-Oct	No Entry
3-Oct	Office furniture	3376
	Accounts payable		3376
	To record purchase of office furniture on account
6-Oct	Accounts receivable	5284
	Sales		5284
	To record sale of house to N Fenning
27-Oct	Accounts payable	1248
	Cash		1248
	To record payment for purchase of office furniture on 3rd
30-Oct	Salaries expense	3670
	Cash		3670
	To record payment of salary to assistant