Question

Ayayai 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 $18,360 cash in exchange for common stock of the corporation.
1 Hired a secretary-receptionist at a salary of $383 per week, payable monthly.
2 Paid office rent for the month $918.
3 Purchased architectural supplies on account from Burmingham Company $1,326.
10 Completed blueprints on a carport and billed client $1,938 for services.
11 Received $714 cash advance from M. Jason to design a new home.
20 Received $2,856 cash for services completed and delivered to S. Melvin.
30 Paid secretary-receptionist for the month $1,532.
30 Paid $306 to Burmingham Company for accounts payable due.
Journalize the transactions.

Answer 1

Answer:

Ccccc

Explanation:

Journal entries

Apr. 1

Dr Cash 18,360

common stock 18,360

Apr. 1

No entry

Apr. 2

Dr Rent expense 918

Cr Cash 918

Apr. 3

Dr Supplies 1,326

Cr Accounts payable 1,326

Apr. 10

Dr Accounts receivable 1,938

Cr Service revenue 1,938

Apr. 11

Dr Cash 714

Cr Unearned service revenue 714

Apr. 20

Dr Cash 2,856

Cr Service revenue 2,856

Apr. 30

Dr Salaries and wages expenses 1,532

Cr Cash 1,532

Apr. 30

Dr Accounts payable 306

Cr Cash 306