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M. Gonzales has the following transactions during August of the current year. Indicate the effect on the accounting equation and the debit-credit analysis. Opens an

M. Gonzales has the following transactions during August of the current year. Indicate the effect on the accounting equation and the debit-credit analysis. Opens an office as a financial advisor, investing $9,000 in cash. Aug. 1 4 Pays insurance in advance for 6 months, $2,100 cash. 16 Receives $3,600 from clients for services performed. 27 Pays secretary $1,000 salary. The a the Aug 16 The the reverse A27 The expe the a ulty Ove Dess Deli Debit Credit Analy Deb Deb Ce Cred Det Cutit Cre De De Cres Gelt

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