Question: Problem 3-5A (Part Level Submission) Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business,



Problem 3-5A (Part Level Submission) Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business, these events and transactions occurred: Stockholders invested $24,930 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $519 per week, payable monthly. 2 Paid office rent for the month $1,246 Apr. 1 10 11 20 30 30 3 Purchased architectural supplies on account from Burmingham Company $1,800 Completed blueprints on a carport and billed client $2,631 for services Received $969 cash advance from M. Jason to design a new home. Received $3,878 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $2,076. Paid $415 to Burmingham Company for accounts payable due
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