Business, 15.10.2020 14:01 studybug7952
Culver 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 $26,910 cash in exchange for common stock of the corporation.
1 Hired a secretary-receptionist at a salary of $561 per week, payable monthly.
2 Paid office rent for the month $1,345.
3 Purchased architectural supplies on account from Burmingham Company $1,943.
10 Completed blueprints on a carport and billed client $2,840 for services.
11 Received $1,046 cash advance from M. Jason to design a new home.
20 Received $4,186 cash for services completed and delivered to S. Melvin.
30 Paid secretary-receptionist for the month $2,244.
30 Paid $448 to Burmingham Company for accounts payable due.
Requied:
Journalize the transactions
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Culver Architects incorporated as licensed architects on April 1, 2022. During the first month of th...
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