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Marigold architects incorporated as licensed architects on April 1, 2025. During the first month of the operation of the business, these events and transactions occurred.
Marigold architects incorporated as licensed architects on April 1, 2025. During the first month of the operation of the business, these events and transactions occurred.
1. Journalize and find paid monthly salary
2. Ledger T account
3. Trial Balance
Current Attempt in Progress Marigold Architects incorporated as licensed architects on April 1, 2025. During the first month of the operation of the business, these events and transactions occurred: Apr. 1 Stockholders invested $18,990 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $396 per week, payable monthly. 2 Paid office rent for the month $950. 3 Purchased architectural supplies on account from Burmingham Company $1,372. 10 Completed blueprints on a carport and billed client $2,005 for services. 11 Received $739 cash advance from M. Jason to design a new home. 20 Received $2,954 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $1,584. 30 Paid $317 to Burmingham Company for accounts payable due. 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. List all debit entries before credit entries.)Step by Step Solution
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