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Sarasota Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the business, these events and transactions

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Sarasota 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 Stockholders invested $24,300 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $506 per week, payable monthly. 2 Paid office rent for the month $1,215. 3 Purchased architectural supplies on account from Burmingham Company $1,755. 10 Completed blueprints on a carport and billed client $2.565 for services. 11 Received $945 cash advance from M. Jason to design a new home. 20 Received $3,780 cash for services completed and delivered to S. Melvin. 330 30 30 Paid secretary-receptionist for the month $2,024. Paid $405 to Burmingham Company for accounts payable due.

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