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Business, 01.02.2021 22:00 flapjacks

Whispering Winds Corp. has the following transactions during August of the current year. Aug. 1 Opens an office as a financial advisor, investing $5,500 in cash in exchange for common stock. 4 Pays insurance in advance for 6 months, $1,690 cash. 16 Receives $2,300 from clients for services performed. 27 Pays secretary $1,250 salary. Indicate the basic analysis and the debit–credit analysis.

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Whispering Winds Corp. has the following transactions during August of the current year. Aug. 1 Open...
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