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Business, 06.05.2020 07:38 jetblackcap

Swifty Corporation has the following transactions during August of the current year. Aug. 1 Issues shares of common stock to investors in exchange for $10,730. Aug. 4 Pays insurance in advance for 3 months, $1,230. Aug. 16 Receives $930 from clients for services rendered. Aug. 27 Pays the secretary $650 salary. Indicate the basic analysis and the debit-credit analysis.

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Swifty Corporation has the following transactions during August of the current year. Aug. 1 Issues s...
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