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Concord Architects incorporated as licensed architects on April 1, 2025. During the first month of the operation of the business, these events and transactions occurred:
Concord Architects incorporated as licensed architects on April 1, 2025. During the first month of the operation of the business, these events and transactions occurred: Apr. 1 2 3 10 11 20 30 30 Stockholders invested $27,000 cash in exchange for common stock of the corporation. Hired a secretary-receptionist at a salary of $562 per week, payable monthly. Paid office rent for the month $1,350. Purchased architectural supplies on account from Burmingham Company $1,950. Completed blueprints on a carport and billed client $2,850 for services. Received $1050 cash advance from M. Jason to design a new home. Received $4,200 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $2,248. Paid $450 to Burmingham Company for accounts payable due.
a. journalize the transactions.
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