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Ayala Architects incorporated as licensed architects on April 1,2017. During the frst month of the operation of the business, these events and transactions occurred: Apr.

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

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