RTVG Culver Corporation has the following transactions during August of the current year. Aug. 1 Aug. 4 Issues shares of common stock to investors in exchange for $10,750. Pays insurance in advance for 3 months, $1,150. Receives $710 from clients for services rendered. Pays the secretary $590 salary, Aug. 16 Aug. 27 Indicate the basic analysis and the debit-credit analysis. Basic Analysis Debit-Credit Analysis "he asset Cash vis Increased Debits Decrease Stockholders' Equity Debit he stockholders equity account Common Stock is Increased $ Credits Credit Credits Credit $ Debits The asset Debit he asset $ Credits Credit 5 Debits is The asset "he asset is Debits Debit he revenue is 5 Credits Credit $ The experie Debits Debit $ ment is Credits Credit