P3-5A - Ayala Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the business, these events and transactions occurred:

Journalize transactions, post, and create a trial balance.

Apr.1

Stockholders invested $18,000 cash in exchange for common stock of the corporation.1

Hired a secretary-receptionist at a salary of $375 per week, payable monthly.2

Paid office rent for the month $900.3

Purchased architectural supplies on account from Burmingham Company $1,300.10

Completed blueprints on a carport and billed client $1,900 for services.11

Received $700 cash advance from M. Jason to design a new home.20

Received $2,800 cash for services completed and delivered to S. Melvin.30

Paid secretary-receptionist for the month $1,500.30

Paid $300 to Burmingham Company for accounts payable due.

The company uses these accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Unearned Service Revenue, Common Stock, Service Revenue, Salaries and Wages Expense, and Rent Expense.

Instructions

a.Journalize the transactions, including explanations.

b.Post to the ledger T-accounts.

c.create a trial balance on April 30, 2022.

Cash$18,800

Tot. trial balance$24,400