corations PLUS Support Indigo Corporation has the following transactions during August of the current year, Aug, 1 Issues shares of common stock to investors in exchange for $10.400. Aug 4 Pays insurance in advance for 3 months. $1,880, Aug. 16 Receives $800 from clients for servkes rendered. Aug. 27 Pays the secretary $500 salary Indicate the basic analysis and the debit-credit analysis. Basic Analysis Debit Credit Analys Nu The Debits 1 Debit the stockholders' equity account $ Credits Credit $ The most Debits ar . 2 3 $ 4 5 6 7 8 9 ) 0 W E OT T Y O P S D F G T J K L Entet Powe 2 X C V B N /* Tom M ? V - V Shutt Po AN Alt Ctrl iltrohool The asset is Debits 4 Debit the asset is $ Credits Credit $ Aue 16 The asset is Debits Debit the revenue $ Credits Credit $ AUR The expense Debits 27 Debit >> P FTX C le 2 . 3 4 Home 5 6 7 8 Bence 9 0 W E R T Y U O - P End 1 S D F G H J L Enter g 1 X C Shift All Alt Ctrl res44759/assignments/5422099 Credit $ Aug 27 Debits The expense is Debit the asset is $ Credits Credit $ e Textbook and Media Save for later Attempts: 0 of 2 used Submit Answer Using multiple attempts will impact your score. 5% score reduction after attempt 1 6/11/2020 + EX PSC Delete FT FH # ) $ 4 & 7 3 Hom 5 Backspace 6 8 9 0 E 20 Y U O P [ a G H K L je JEJ Enter C V B N M ? Shift