Question: Question 2 Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business, these events and






Question 2 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: Apr. 1 1 2 3 10 Stockholders invested $22,050 cash in exchange for common stock of the corporation. Hired a secretary-receptionist at a salary of $459 per week, payable monthly. Paid office rent for the month $1,103. Purchased architectural supplies on account from Burmingham Company $1,593. Completed blueprints on a carport and billed client $2,328 for services. Received $858 cash advance from M. Jason to design a new home. Received $3,430 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $1,836. Paid $368 to Burmingham Company for accounts payable due. 11 20 30 30 Journalize the transactions. (If no entry is required, select "No entry" for the account tities and fa CALCULATOR PRINTER VERSION ECES Date Account Titles and Explanation 4 BACK NEX er Debit Credit Apr. 1 v Cash Common Stock Apr. 2 Rent Expense udy. Cash Apr. 3 Supplies Accounts Payable Apr. 10 Accounts Receivable Service Revenue Apr. 117 Cash Unearned Service Revenue Apr. 20 Cash Service Revenue Apr. 30 v CALCULATOR PRINTER VERSION CES BACK NE Apr. 3 Supplies r Accounts Payable Apr. 10 Accounts Receivable dy Service Revenue Apr. 11 Cash Unearned Service Revenue Apr. 20 Cash Service Revenue
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
