Journal Entries:
Date | Account Titles and Explanation | Debit | Credit |
Apr. 1 | Cash | $24,300 | |
Common Stock | $24,300 | ||
(To record the amount of cash invested into the business) | |||
Apr. 1 | No entry for hiring an employee because there is no monetary transaction. | ||
Apr. 2 | Office Rent | $1,215 | |
Cash | $1,215 | ||
(To record the payment of office rent by cash) | |||
Apr. 3 | Supplies | $1,755 | |
Accounts Payable | $1,755 | ||
(To record the purchase of supplies on account) | |||
Apr. 10 | Accounts Receivable | $2,565 | |
Service Revenue | $2,565 | ||
(To record the services provided on account) | |||
Apr. 11 | Cash | $945 | |
Unearned Service Revenue | $945 | ||
(To record the receipt of cash for the services to be provided in future) | |||
Apr. 20 | Cash | $3,780 | |
Accounts Receivable | $3,780 | ||
(To record the collection of cash from the credit services provided) | |||
Apr. 30 | Salaries Expense | $2,024 | |
Cash | $2,024 | ||
(To record the payment of salaries by cash) | |||
Apr. 30 | Accounts Payable | $405 | |
Cash | $405 | ||
(To record the payment of accounts payable due) |
Sarasota Architects incorporated as licensed architects on April 1, 2022. During the first month of the...
Problem 3-OSA 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...
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...
Decommended N Jumper Current Attempt in Progress 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: apport 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...
Bramble 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 $23,040 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $480 per week, payable monthly. 2 Paid office rent for the month $1,152. 3 Purchased architectural supplies on account from Burmingham Company $1,664. 10 Completed blueprints on a carport and billed client $2,432...
Blue Spruce Architects incorporated as licensed architects on April 1, 2022. During the first month of the operation of the business, these events and transactions occurred: Study Apr. 1 1 2 3 10 Stockholders inwested $26,100 cash in exchange for common stock of the corporation Hired a secretary-receptionist at a salary of $544 per week, payable monthly. Paid office rent for the month $1,305. Purchased architectural supplies on account from Burmingham Company $1,885. Completed blueprints on a carport and billed...
Concord 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 $27.000 cash in exchange for common stock of the corporation 1 Hired a secretary-receptionist at a salary of $562 per week, payable monthly 2 Paid office rent for the month $1,350. 3 Purchased architectural supplies on account from Burmingham Company $1,950. 10 Completed blueprints on a carport and billed client $2,850...
Concord 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 $27,000 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $562 per week, payable monthly. 2 Paid office rent for the month $1,350. 3 Purchased architectural supplies on account from Burmingham Company $1,950. 10 Completed blueprints on a carport and billed client $2,850...
Question 2 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 1 2 3 10 11 Stockholders invested $24,300 cash in exchange for common stock of the corporation. Hired a secretary-receptionist at a salary of $506 per week, payable monthly. Paid office rent for the month $1,215. Purchased architectural supplies on account from Burmingham Company $1,755. Completed blueprints on a carport and...
Current Attempt in Progress 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 $21,420 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $446 per week, payable monthly. 2 Paid office rent for the month $1,071. 3 Purchased architectural supplies on account from Burmingham Company $1,547. 10 Completed blueprints on a carport...
Ayala 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 $18,000 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $375 per week, payable monthly. 2 Paid office rent for the month $900. 3 Purchased architectural supplies on account from Burmingham Company $1,300. 10 Completed blueprints on a carport and billed client $1,900...