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Post to the ledger T-accounts. Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business,
Post to the ledger T-accounts.
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: 1 2 3 Apr. 1 Stockholders invested $18,000 cash in exchange for common stock of the corporation Hired a secretary-receptionist at a salary of $375 per week, payable monthly. Paid office rent for the month $900. Purchased architectural supplies on account from Burmingham Company $1,300. Completed blueprints on a carport and billed client $1,900 for services. Received $700 cash advance from M. Jason to design a new home. Received $2,800 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $1,500. Paid $300 to Burmingham Company for accounts payable due 10 11 20 30 30 Post to the ledger T-accounts. (Post entries in the order of journal entries presented in the question.) Cash Accounts Receivable Supplies Accounts Payable Unearned Service Revenue Common Stock Service Revenue Salaries and Wages Expense Rent Expense Question 13 of 14 Salaries and Wages Expense Rent Expense Step by Step Solution
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