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Problem 3-5A Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operation of the business, these events and

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Problem 3-5A 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 client $2,261 for services. 11 Received $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 Paid $357 to Burmingham Company for accounts payable due

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