Question: Current Attempt in Progress Kingbird, Inc. has the following transactions during August of the current year. Aug. 1 4 16 27 Opens an office as
Current Attempt in Progress Kingbird, Inc. has the following transactions during August of the current year. Aug. 1 Opens an office as a financial advisor, investing $5,800 in cash in exchange for common stock. 4 Pays insurance in advance for 6 months, $1,530 cash. 16 Receives $2,400 from clients for services performed. 27 Pays secretary $1,880 salary. Current Attempt in Progress Kingbird, Inc. has the following transactions during August of the current year. Aug. 1 Opens an office as a financial advisor, investing $5,800 in cash in exchange for common stock. 4 Pays insurance in advance for 6 months, $1,530 cash. 16 Receives $2,400 from clients for services performed. 27 Pays secretary $1,880 salary
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