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Oriole Corporation has the following transactions during August of the current year. Aug.1 Issues thares of common stock to investors in exchange for $10,090. 4

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Oriole Corporation has the following transactions during August of the current year. Aug.1 Issues thares of common stock to investors in exchange for $10,090. 4 Pays insurance in advance for 3 months, $1,260. 16 Receives $700 from clients for services rendered. 27 Pays the secretary $490 salary. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter account titles are automatically indented when amount is entered. Do not indent manually. Recorc order presented in the problem. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit Aug, 1 Aug. 4 Aug. 16 Aug. 27

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