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Your answer is partially correct. Try again. Ayayai Corp. has the following transactions during August of the current year Aug. 1 Issues shares of common
Your answer is partially correct. Try again. Ayayai Corp. has the following transactions during August of the current year Aug. 1 Issues shares of common stock to investors in exchange for $9,000. Aug. 4 Pays insurance in advance for 3 months, $1,200 Aug. 16 Receives $800 from clients for services rendered. Aug. 27 Pays the secretary $550 salary, Indicate the basic analysis and the detit-credit analysis. Basic Analysis Debit-Credit Analysis Debits Aug, 1 The asset bit tie stockholders' equity account s Increa Crecits bits Aug. 4 The asset bit the asset Crecit 200 Aug. 16 Debits The asset bit the revenue $1800 bits 27 The expense is [Increase Debit the asse 550 Credits Credit S50
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