Current Attempt in Progress Kingbird, Inc. has the following transactions during August of the current year. Aug. 1 4 16 27 Opens an office as a financial advisor, investing $5,800 in cash in exchange for common stock. Pays insurance in advance for 6 months, $1,530 cash. Receives $2,400 from clients for services performed. Pays secretary $1,880 salary. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Re journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the a

Current Attempt in Progress Kingbird, Inc. has the following transactions during August of the current year. Aug. 1 Opens an office as a financial advisor, investing $5,800 in cash in exchange for common stock. 4 Pays insurance in advance for 6 months, $1.530 cash. 16 Receives $2,400 from clients for services performed. 27 Pays secretary $1,880 salary. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. R journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter Ofor the