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Cheyenne Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the business, these events and transactions

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Cheyenne 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 $20,700 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $431 per week, payable monthly. 2 Paid office rent for the month $1,035. 3 Purchased architectural supplies on account from Burmingham Company $1,495. 10 Completed blueprints on a carport and billed client $2,185 for services. 11 Received $805 cash advance from M. Jason to design a new home. 20 20 30 30 Received $3,220 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $1,724. Paid $345 to Burmingham Company for accounts payable due.

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