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Post to the ledger T-accounts and prepare a trial balance on April 30, 2017. Ayala Architects incorporated as licensed architects on April 1, 2017. During
Post to the ledger T-accounts and prepare a trial balance on April 30, 2017.
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: 2 3 Apr. 1 Stockholders invested $19,890 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $414 per week, payable monthly. Paid office rent for the month $995. Purchased architectural supplies on account from Burmingham Company $1,437. 10 Completed blueprints on a carport and billed client $2,100 for services. Received $774 cash advance from M. Jason to design a new home. Received $3,094 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $1,656. 30 Paid $332 to Burmingham Company for accounts payable due. 11 20 30Step by Step Solution
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