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Demo 3-6 Journalize transactions, post to T-accounts, and prepare trial balance Ayala Architects incorporated as licensed architects on April 1,20X5. During the first month of
Demo 3-6 Journalize transactions, post to T-accounts, and prepare trial balance Ayala Architects incorporated as licensed architects on April 1,20X5. During the first month of the operation of the business, these events and transactions occurred: Instructions A. Journalize the transactions, including explanations. B. Post to the ledger T-accounts. C. Prepare a trial balance on April 30, 20 X5. A. \begin{tabular}{lccc} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline 1. Stockholders invested $18,000 cash in exchange for common stock of the corporation & \end{tabular} 1. Stockholders invested $18,000 cash in exchange for common stock of the corporation. Apr. 1 1. Hired a secretary-receptionist at a salary of $375 per week, payable monthly. 1 2. Paid office rent for the month $900. 2 3. Purchased architectural supplies on account from Burmingham Company $1,300. 3 10. Completed blueprints on a carport and billed client $1,900 for services. 10 11. Received $700 cash advance from M. Jason to design a new home. 11 20. Received \$2,800 cash for services completed and delivered to S. Melvin. 20 30. Paid secretary-receptionist for the month $1,500. 30 30. Paid \$300 to Buromingham Company for accounts payable due. 30
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