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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
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 $24,210 cash in exchange for common stock of the corporation. Hired a secretary-receptionist at a salary of $504 per week, payable monthly. 2 Paid office rent for the month $1,210 Purchased architectural supplies on account from Burningham Company $1,748 10 Completed blueprints on a carport and billed client $2,555 for services. 11 Received $941 cash advance from M. ason to design a new home 20 Received 53,766 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $2,016. 30 Paid $403 to Burmingham Company for accounts payable due Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Dehit Credit
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