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Journalize the transactions

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Question - Tilton Corporation has the following transactions during August of the current year.

Aug. 1 Issues shares of common stock to investors in exchange for $10,000.

4 Pays insurance in advance for 3 months, $1,500.

16 Receives $900 from clients for services rendered.

27 Pays the secretary $620 salary.

Required - Journalize the transactions.

Reference no: EM131661523

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