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Journalize the transactions. (If no entry is required, select No entry for the account titles and enter 0 for the amounts.) Foyle Architects incorporated as
Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.) 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 $20,776 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $433 per week, payable monthly. 2 Paid office rent for the month $1,039. 3 Purchased architectural supplies on account from Burlington Company $1,500. 10 Completed blueprints on a carport and billed client $2,193 for services. 11 Received $808 cash advance from J. Madison to design a new home. 20 Received $3,232 cash for services completed and delivered to M. Svetlana. 30 Paid secretary-receptionist for the month $1,732. 30 Paid $346 to Burlington Company for accounts payable due
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