business law

M. Gonzales has the following transactions during August of the current year. Aug 1 Opens an office as a financial advisor, investing $8,000 in cash Receives $3,600 from clients for services performed Pays secretary $1.000 salary 28 Pays insurance for the year $1,800 cash 16 27 Journalire the transactions. If no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not Indent manually Date Account Titles and Explanation Debit Credit A1 Cash 9,000 Owners Capital 9000 Date Account Titles and Explana Nug. 1 Cash 9,000 Owner's Capital 9000 Aug. 16 Cash 3600 Service Revenue 3600 Aug. 27 Salaries and Wages Expense 1000 Cash 1000 Aug 28 Prepaid Insurance 9000 Cash 2100