Instructions Journalize the March transactions, including explanations. Friendleys records golf fees as service revenue.

P3-5A Foyle Architects incorporated as licensed architects on April 1, 2014. During the first month of the operation of the business, these events and transactions occurred:

Apr. 1 Stockholders invested $18,000 cash in exchange for common stock of the corporation.

1 Hired a secretary-receptionist at a salary of $375 per week, payable monthly.

2 Paid offi ce rent for the month $900.

3 Purchased architectural supplies on account from Burlington Company $1,300.

10 Completed blueprints on a carport and billed client $1,900 for services.

11 Received $700 cash advance from J. Madison to design a new home.

20 Received $2,800 cash for services completed and delivered to M. Svetlana.

30 Paid secretary-receptionist for the month $1,500. 30 Paid $300 to Burlington Company for accounts payable due.

The company uses these accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Unearned Service Revenue, Common Stock, Service Revenue, Salaries and Wages Expense, and Rent Expense.

Instructions (

a) Journalize the transactions, including explanations.

(b) Post to the ledger T-accounts.

(c) Prepare a trial balance on April 30, 2014.