Jim Carrey Corporation has the following transactions during August of the current year. Indiacta (a) the basic analysis and (b) the debit-credit analysis illustrated on pages 90-93 of the text. Journalize the transactions.
Aug. 1opens an office as a financial advisor, investing $15,000 in cash in exchange for common stock
4Pays insurance in advance for 6 months, $2,100.
16Recieves $1,000 from clients for services rendered.
27Pays secretary $900 salary.