Question

Problem 3-5A (Part Level Submission) 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 $24,930 cash in exchange for common stock of the corporation 1 Hired a secretary-receptionist at a salary of $519 per week, payable monthly 2 Paid office rent for the month $1,246. 3 Purchased architectural supplies on account from Burmingham Company $1,800 10 Completed blueprints on a carport and billed client $2,631 for services. 11 Received $969 cash advance from M. Jason to design a new home 20 Received $3,878 cash for services completed and delivered to S. Melvin 30 Paid secretary-receptionist for the month $2,076 30 Paid $415 to Burmingham Company for accounts payable due.

Answer 1

As per question, no description is needed for journal entries

Apr 01 cash common stock 24,930 24,930 Apr 01 NO ENTER Apr 02 office rent expenses cash 1246 1,246 Apr 03 Supplies Accounts Receivable Service revenue 2.631 1800 Apr 10 Account Receivable Service revenue 2,631 2,631 Apr 11 cash unearned revenue 969 969 Apr 20 cash Service revenue 3,878 3,878 Apr 30 Salary expense cash 2,076 2.076 Apr 30 Accounts payable cash 415 415