Business, 15.02.2020 00:55, RebeccaBloop8578

Cullumber Company has the following transactions during August of the current year. Aug. 1 Opens an office as a financial advisor, investing $4,000 in cash in exchange for common stock. 4 Pays insurance in advance for 6 months, $1,500 cash. 16 Receives $400 from clients for services performed. 27 Pays secretary $1,000 salary. Journalize the transactions.

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Cullumber Company has the following transactions during August of the current year. Aug. 1 Opens an...