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Monty Architects incorporated as licensed architects on April 1, 2025. During the first month of the operation of the business, these events and transactions occurred:
Monty 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 $22,770 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $474 per week, payable monthly. 2 Paid office rent for the month $1,138. 3 Purchased architectural supplies on account from Burmingham Company $1,644. 10 Completed blueprints on a carport and billed client $2,403 for services. 11 Received $885 cash advance from M. Jason to design a new home. 20 Received $3,542 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $1,896. 30 Paid $379 to Burmingham Company for accounts payable due. (a) (Issued shares of stock for cash) (Hired a secretary-receptionist) (Paid munthly salary) (Paid Burmingham Company on acount) eTextbook and Media LIst of Accounts Save for Loter
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