Question

Problem 3-OSA (Part Level Submission) Pronghorn 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 $22,050 cash in exchange for common stock of the corporation 1 Hired a secretary-receptionist at a salary of $459 per week, payable monthly 2 Paid office rent for the month $1,103. 3 Purchased architectural supplies on account from Burmingham Company $1,593. 10 Completed blueprints on a carport and billed client $2,328 for services 11 Received $858 cash advance from M. Jason to design a new home. 20 Received $3,430 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $1,836. 30 Paid $368 to Burmidgham Company for accounts payable due Your answer is partially correct. Try again. 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 22,050 Common Stock 22,050 Apr. 1 No Entry

Answer 1

Date	Account Titles and Explanation	Debit	Credit
Apr.1	Cash	$ 22,050
	Common Stock		$ 22,050
Apr.1	No Entry	-	-
	No Entry	-	-
Apr.2	Rent Expense	$ 1,103
	Cash		$ 1,103
Apr.3	Supplies	$ 1,593
	Accounts Payable		$ 1,593
Apr.10	Accounts Receivable	$ 2,328
	Services Revenue		$ 2,328
Apr.11	Cash	$ 858
	Unearned Service Revenue		$ 858
Apr.20	Cash	$ 3,430
	Service Revenue		$ 3,430
Apr.30	Salary and Wages Expenses	$ 1,836
	Cash		$ 1,836
Apr.30	Accounts Payable	$ 368
	Cash		$ 368