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Current Attempt in Progress Marigold Corp. has the following transactions during August of the current year. Aug. 1 Opens an office as a financial advisor,

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Current Attempt in Progress Marigold Corp. has the following transactions during August of the current year. Aug. 1 Opens an office as a financial advisor, investing $5,200 in cash in exchange for common stock. 4 Pays insurance in advance for 6 months, $1,670 cash. 16 Receives $2,400 from clients for services performed. 27 Pays secretary $1,690 salary. Journalize the transactions. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. Record 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 amounts.)

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