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Novak Architects incorporated as licensed architects on April 1, 2025. During the first month of the operation of the business, these events and transactions occurred:
Novak 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 $18,270 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $381 per week, payable monthly. 2. Paid office rent for the month $914. 3 Purchased architectural supplies on account from Burmingham Company $1,320. 10 Completed blueprints on a carport and billed client $1,929 for services. 11 Received $711 cash advance from M. Jason to design a new home. 20 Received $2.842 cash for services completed and delivered to S. Meivin. 30 Paid secretary-receptionist for the month $1.524. 30 Paid $305 to Burmingham Compary for accounts payable due. Prepare a trial balance on April 30,2025
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