Whispering Winds Architects incorporated as licensed architects on April 1, 2022. During the first month of...
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Whispering Winds Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the business, these events and transactions occurred: Apr. 1 Stockholders invested $19,890 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $414 per week, payable monthly. Paid office rent for the month $995. Purchased architectural supplies on account from Burmingham Company $1,437. 10 Completed blueprints on a carport and billed client $2,100 for services. 11 Received $774 cash advance from M. Jason to design a new home. 20 Received $3,094 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $1,656. 30 Paid $332 to Burmingham Company for accounts payable due. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Whispering Winds Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the business, these events and transactions occurred: Apr. 1 Stockholders invested $19,890 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $414 per week, payable monthly. Paid office rent for the month $995. Purchased architectural supplies on account from Burmingham Company $1,437. 10 Completed blueprints on a carport and billed client $2,100 for services. 11 Received $774 cash advance from M. Jason to design a new home. 20 Received $3,094 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $1,656. 30 Paid $332 to Burmingham Company for accounts payable due. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit
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In the books of Whispering Winds ArchitectsJournal Entries Date Particulars Debit Credit April 1 Cas... View the full answer
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Posted Date:
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