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How would I do the ledger T-account Martinez Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of
How would I do the ledger T-account
Martinez 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 1 2 3 10 Stockholders invested $24,930 cash in exchange for common stock of the corporation. Hired a secretary-receptionist at a salary of $519 per week, payable monthly. Paid office rent for the month $1,246. Purchased architectural supplies on account from Burmingham Company $1,800. Completed blueprints on a carport and billed client $2,631 for services. Received $969 cash advance from M. Jason to design a new home. Received $3,878 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $2,076. Paid $415 to Burmingham Company for accounts payable due. 11 20 30 30 Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter O 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 Apr. 1 Cash 24930 Common Stock 24930 Apr. 1 No Entry 0 No Entry 0 Apr. 2 Rent Expense 1246 Cash 1246 Apr. 3 Supplies 1800 Accounts Payable 1800 Apr. 10 Accounts Receivable 2631 Service Revenue 2631 Apr. 11 Cash 969 Unearned Service Revenue 969 Apr. 20 Cash 3878 Service Revenue 3878 Apr. 30 Salaries and Wages Expense 2076 Cash 2076 Apr. 30 Accounts Payable 415 Cash 415 Post to the ledger T-accounts. (Post entries in the order of journal entries presented in the question.) Cash Accounts Receivable Supplies Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense v Rent ExpenseStep by Step Solution
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