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Kimmel, Accounting, 6e I Contact Us I Lo SURVEY OF ACCOUNTING (ACCT 2 ice Assignment Gradebook ORION Downloadable eTextbook ment CALCULATOR FULL SCREEN PRINTER VERSION

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Kimmel, Accounting, 6e I Contact Us I Lo SURVEY OF ACCOUNTING (ACCT 2 ice Assignment Gradebook ORION Downloadable eTextbook ment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEX Problem 3-5A Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business, these events and transactions occurred Apr. 1 Stockholders invested $22,410 cash in exchange for common stock of the corporation. 1 2 3 10 11 Hired a secretary-receptionist at a salary of $467 per week, payable monthly. Paid office rent for the month $1,120. Purchased architectural supplies on account from Burmingham Company $1,618 Completed blueprints on a carport and billed client $2,365 for services. Received $871 cash advance from M. Jason to design a new home. 20 30 30 Received $3,486 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $1,868. Paid $373 to Burmingham Company for accounts payable due. Your answer is correct. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 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. I 22410 5

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