Business, 30.12.2021 07:40 typicalemi4634
M. Gonzales has the following transactions during August of the current year. Indicate the effect on the accounting equation and the debit-credit analysis.
Aug. 1 Opens an office as a financial advisor, investing $9,000 in cash.
4 Pays insurance in advance for 6 months, $2,100 cash.
16 Receives $3,600 from clients for services performed.
27 Pays secretary $1,000 salary.
Answers: 1
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M. Gonzales has the following transactions during August of the current year. Indicate the effect on...
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