Current Attempt in Progress Carla Vista Corporation has the following transactions during August of the current...
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Current Attempt in Progress Carla Vista Corporation has the following transactions during August of the current year. Aug 1 Issues shares of common stock to investors in exchange for $10,270. 4 Pays insurance in advance for 3 months, $1,400. 16 Receives $960 from clients for services rendered. 27 Pays the secretary $720 salary. Indicate the basic analysis and the debit-credit analysis. (Select the accounts which have increased first in the basic analysis column.) Current Attempt in Progress Carla Vista Corporation has the following transactions during August of the current year. Aug 1 Issues shares of common stock to investors in exchange for $10,270. 4 Pays insurance in advance for 3 months, $1,400. 16 Receives $960 from clients for services rendered. 27 Pays the secretary $720 salary. Indicate the basic analysis and the debit-credit analysis. (Select the accounts which have increased first in the basic analysis column.)
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