Question: Please fill in the blanks -Thanks Brief Exercise 3-8 Upton Corporation has the following transactions d uring August of the current year. Aug. 1 Issues

Please fill in the blanks -Thanks Brief Exercise 3-8 Upton Corporation has the following transactions d uring August of the current year. Aug.

Please fill in the blanks -Thanks

Brief Exercise 3-8 Upton Corporation has the following transactions d uring August of the current year. Aug. 1 Issues shares of common stock to investors in exchange for $10,000. Aug. 4 Pays insurance in advance for 3 months, $1,500. Aug. 16 Receives $900 from clients for services rendered Aug. 27 Pays the secretary $620 salary. Indicate the basic analysis and the debit-credit analysis Basic Analysis Aug. 1 The asset the stockholders' equity account Debit-Credit Analysis Debits Debit Credits Credit

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