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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: Apr.

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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: 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 architecturai 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 $. Melvin. 30 Paid secretary-receptionist for the month $1.584. 30 Paid $317 to Burmingham Company for accounts payable due. \begin{tabular}{|l|l|l|} \hline Date Account Titles and Explanation & Debit & Credit \\ \hline Apr 1 & Cash & 18990 \\ \hline & Commonstock & 18990 \\ \hline \end{tabular} (Issued shares of stock for cash) Apr.1 Y NoEntry NoEntry (Hired a secretary-receptionist) Agr.2 Rent Expense. cash Asc3 4

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