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Pina Colada Corp. has the following transactions during August of the current year. Aug. 1 Opens an office as a financial advisor, investing $4,000

 

Pina Colada Corp. has the following transactions during August of the current year. Aug. 1 Opens an office as a financial advisor, investing $4,000 in cash in exchange for common stock. 4 Pays insurance in advance for 6 months, $1,650 cash. 16 Receives $2,200 from clients for services performed. 27 Pays secretary $1,010 salary. Journalize the transactions. (Credit account titles are automatically 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.) Date Account Titles and Explanation Aug. 1 eTextbook and Media List of Accounts Save for Later Debit Credit Attempts: 0 of 3 used Submit Answer

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