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Ayayai Corp. has the following transactions during August of the current year. Aug. 1 Aug. 4 Issues shares of common stock to investors in exchange

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Ayayai Corp. has the following transactions during August of the current year. Aug. 1 Aug. 4 Issues shares of common stock to investors in exchange for $ 10,150. Pays insurance in advance for 3 months, $ 1,730. Receives $ 880 from clients for services rendered. Pays the secretary $ 530 salary. Aug. 16 Aug. 27 Indicate the basic analysis and the debit-credit analysis. Basic Analysis Debit-Credit Analysis Debits The asset is DOCUIT Debit the stockholders'equity account is $ ated it Credits Credit 5 9938.jpg The asset Debits Files Debit the asset is 5 Debits . The asset 5 Debit + + the revenue $ Credits Credit $ The expense Debits Debit the avset $ Credits Credit 11 tvA

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