M. Gonzales has the following transactions during August of the current year. Indicate the effect on the accounting equation and the debit-credit analysis 4 Aug, 1 Opens an office as a financial advisor, in Pays insurance in advance for 6 month 16 Receives $3,600 from clients for servic 27 Pays secretary $1,000 salary. Effec Aug. 1 The asset the owner's equity accour Aug. 4 The asset the asset Aug. 16 The asset the revenue Aug, 27 The expense the asset ice as a financial advisor, investing $9,000 in cash. ce in advance for 6 months, $2,100 cash. 600 from clients for services performed. ry $1,000 salary. Debit-Crec Debits Debit Credits Credit Debits Debit Credits Credit Debits Debit Credits Credit Debits Debit Credits Credit Analysis 2 $ 2 % A % S