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Part c CALCULATOR FURLL SCHEEN Accounting Cycle Review Problem 0-3A (Part Level Submission) Ayala Architects incorporated as licensed architects on April 1, 2017. During the

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image text in transcribedPart c
CALCULATOR FURLL SCHEEN Accounting Cycle Review Problem 0-3A (Part Level Submission) Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business, these events and transactions occurred: Apr. 1 Stockholders invested $21,420 cash in exchange for common stock of the corporation 1 Hired a secretary-receptionist at a salary of $446 per week, payable monthly 2 Paid office rent for the month $1,071 3 Purchased architectural supplies on account from Burmingham Company $1,547 10 Completed blueprints on a carport and billed dlient $2,261 for services 11 Recelved $833 cash advance from M. Jason to design a new home. 20 Received $3,332 cash for services completed and delivered to S. Melvin 30 Paid secretary receptionist for the month $1,784 30 Pald $357 to Burmingham Company for accounts payable due. (a) Your answer is correct. nalize the transactions. (1, no entry is required, select-No entry" for the account titles and enter 0 for the amounts. n amount is entered. Do not indent manually. Record journal entries in the order presented in the Credit account titles are automatically indented whe problem) Debit Credit Date Account Titles and Explanation Entry

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