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Bramble Architects incorporated as licensed architects on April 1, 2022. During the first month of the...

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 for services.
11 Received $896 cash advance from M. Jason to design a new home.
20 Received $3,584 cash for services completed and delivered to S. Melvin.
30 Paid secretary-receptionist for the month $1,920.
30 Paid $384 to Burmingham Company for accounts payable due.

Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter 0 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

0 0
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Answer #1

Credit Date Apr. 01 Debit 23,040 $ Account Titles and Explanation Cash Common Stock No Entry $ 23,040 Apr. 01 Apr. 02 1,152 $

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