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Please help me. Also, can you provide work to show why I got these answers wrong? I am very confused. If not, that is fine.
Please help me. Also, can you provide work to show why I got these answers wrong? I am very confused. If not, that is fine.
Problem 3-05A Marigold Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the business, these events and transactions occurred: Apr. 1 1 2 3 10 11 20 30 30 Stockholders invested $18,990 cash in exchange for common stock of the corporation. Hired a secretary-receptionist at a salary of $396 per week, payable monthly. Paid office rent for the month $950. Purchased architectural supplies on account from Burmingham Company $1,372. Completed blueprints on a carport and billed client $2,005 for services. Received $739 cash advance from M. Jason to design a new home. Received $2,954 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $1,584. Paid $317 to Burmingham Company for accounts payable due. MARIGOLD ARCHITECTS INC. Trial Balance April 30, 2022 Debit Credit Cash 23663 Common Stock) 18990 2 TRent Expense Supplies T1372 22 Salaries and Wages Expense 1584 Accounts Payable 1689 Accounts Receivable 2005 Service Revenue 4959 Tnearned Service Revenue 29574 26377 Cash 471 418990 1950 4/20 2954 14/11 1739 7730 4/30 1584 U 1930 4/30 Accounts Receivable 14/10 T2005) Ada Supplies 1372 Accounts Payable 1372 Unearned Service Revenue 2954 14/20 500000 Common Stock 71 118990 Service Revenue 4/10 T2005 Salaries and Wages Expense Salaries and Wages Expense 14/30 1584 Rent Expense 1950 Your answer is nartially correct Try againStep by Step Solution
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