Presented below is information related to Pharoah Company. Oct. 1 Diane Lexington begins business as a real estate agent with a cash investment of $20,876 in exchange for common stock. 2 Hires an administrative assistant. 3 Purchases office furniture for $2,401, on account. 6 Sells a house and lot for N. Fennig; bills N. Fennig $3,758 for realty services performed. 27 Pays $887 on the balance related to the transaction of October 3. 30 Pays the administrative assistant $2,610 in salary for October. Prepare the debit-credit analysis for each transaction.

Blanchard and peale am i in compliance with the law? what contribution does this choice of action make to the company, the shareholders, the community, and others? what are the short- and long-term consequences of this decision? 1. make sure you have a grasp of all of the facts available. 2. list any information you would like to have but don't and what assumptions you would have to make, if any, in resolving the dilemma. 3. take each person involved in the dilemma and list the concerns they face or might have. 4. develop a list of resolutions for the problem. 5. evaluate the resolutions for costs, legalities, and impact. 6. make a recommendation on the actions that should be taken. "contemplating any business act, an employee should ask himself whether he would be willing to see it immediately described by an informed and critical reporter on the front page of his local paper, there to be read by his spouse, children, and friends." is it legal? is it balanced? how does it make me feel?