Question

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 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. 30 Paid secretary-receptionist for the month $2.024. 30 Paid $405 to Burmingham Company for accounts payable due. Journalize the transactions. If no entry is required, select "No entry for the account titles and enter 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 24 300 Common Stock No Entry No Entry Apr 2: Rent Expense

Answer 1

Journal Entries
Date	Particulars			Debit	Credit
1-Apr	Cash			$ 24,300.00
	To Common Stock				$ 24,300.00
1-Apr	No entry
2-Apr	Rent Expense			$   1,215.00
	To Cash				$   1,215.00
3-Apr	Supplies			$   1,755.00
	To Accounts Payable				$   1,755.00
10-Apr	Accounts Receivable			$   2,565.00
	To Service Revenue				$   2,565.00
11-Apr	Cash			$      945.00
	To Unearned Service Revenue				$      945.00
20-Apr	Cash			$   3,780.00
	To Service Revenue				$   3,780.00
30-Apr	Salary and Wages Expense			$   2,024.00
	To Cash				$   2,024.00
30-Apr	Accounts Payable			$      405.00
	To Cash				$      405.00

Cash					Accounts Receivable					Supplies
1-Apr	$ 24,300.00	2-Apr	$   1,215.00		10-Apr	$ 2,565.00	End. Bal	$ 2,565.00		3-Apr	$   1,755.00	End. Bal	$   1,755.00
11-Apr	$      945.00	30-Apr	$   2,024.00
20-Apr	$   3,780.00	30-Apr	$      405.00
		End. Bal.	$ 25,381.00
Accounts Payable					Unearned Service Revenue					Common Stock
30-Apr	$      405.00	3-Apr	$   1,755.00		End. Bal.	$    945.00	11-Apr	$    945.00		End. Bal.	$ 24,300.00	1-Apr	$ 24,300.00
End. Bal	$   1,350.00
Service Revenue					Salaries and Wages Expense					Rent Expense
End. Bal.	$   6,345.00	10-Apr	$   2,565.00		30-Apr	$ 2,024.00	End. Bal.	$ 2,024.00		2-Apr	$   1,215.00	End. Bal.	$   1,215.00
		20-Apr	$   3,780.00