Current Attempt in Progress Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business, events and transactions occurred: Apr. 1 1 Stockholders invested $24,210 cash in exchange for common stock of the corporation. Hired a secretary-receptionist at a salary of $504 per week, payable monthly. 2 Paid office rent for the month $1.210. 3 Purchased architectural supplies on account from Burmingham Company $1,748. 10 Completed blueprints on a carport and billed client $2,555 for services. 11 Received $941 cash advance from M. Jason to design a new home. 20 30 30 Received $3,766 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $2.016. Paid $403 to Burmingham Company for accounts payable due.