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Pina Colada Corp. has the following transactions during August of the current year. Aug. 1...

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Accounting

Pina Colada Corp. has the following transactions during August of the current year. Aug. 1 4 16 27 Issues shares of common stock to investors in exchange for $10,880. Pays insurance in advance for 3 months, $1,500. Receives $880 from clients for services rendered. Pays the secretary $680 salary. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
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Pina Colada Corp, has the following transactions during August of the current year. Aug. 1 Issues shares of common stock to investors in exchange for $10,880. 4 Pays insurance in advance for 3 months, $1,500. 16 Receives $880 from clients for services rendered. 27 Pays the secretary $680 salary. Jourralize the transactions, (If no entry is required, select "No Entry" for the account tifles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

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