Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

RIVERBED ARCHITECTS INC. Trial Balance April 30,2022 Debit Credit $ $ I Riverbed Architects incorporated as licensed architects on April 1, 2022. During the first

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
RIVERBED ARCHITECTS INC. Trial Balance April 30,2022 Debit Credit $ $ I Riverbed 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 Stockholders invested $18,450 cash in exchange for common stock of the corporation Hired a secretary receptionist at a salary of $384 per week, payable monthly Pald office rent for the month $923, Purchased architectural supplies on account from Burmingham Company $1,333, Completed blueprints on a carport and billed client $1.948 for services 3 10 11 Receved 5718 cash advance from M Jason to design a new home 20 Received $2,870 cash for services completed and delivered to S. Melvin 30 Pald secretary receptionist for the month $1.536 30 Paid $308 to Burmingham Company for accounts payable due Journalize the transactions. (If no entry is required, select "No entry for the account titles and enter O 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 Debit Credit Apr 1 Cash 18450 Common Stock 18450 Apr 1 No Entry 0 No Entry Apr 2 Rent Expense 923 Cash 923 Apr 3 Supplies 123 Accounts Payable 1333 Prepare a trial balance on April 30, 2022 RIVERBED ARCHITECTS INC. Trial Balance April 30,2022 Debit Credit Cash Accounts Receivable 1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Government And Not For Profit Accounting Concepts And Practices

Authors: Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese

9th Edition

1119803896, 978-1119803898

More Books

Students also viewed these Accounting questions

Question

a sin(2x) x Let f(x)=2x+1 In(be)

Answered: 1 week ago