question archive Accounting Cycle Review Problem 0-3A (Part Level Submission) Ayala Architects incorporated as licensed architects on April 1, 2017
Accounting Cycle Review Problem 0-3A (Part Level Submission) Ayala Architects incorporated as licensed architects on April 1, 2017
Subject:AccountingPrice: Bought3
Accounting Cycle Review Problem 0-3A (Part Level Submission) Ayala Architects incorporated as licensed architects on April 1, 2017. During the first month of the operati Apr. 1 Stockholders invested $21,420 cash in exchange for common stock of the corporation 1 2 3 10 11 20 30 30 Hired a secretary-receptionist at a salary of $446 per week, payable monthly. Paid office rent for the month $1,071. Purchased architectural supplies on account from Burmingham Company $1,547. Completed blueprints on a carport and billed client $2,261 for services. Received $833 cash advance from M. Jason to design a new home. Received $3,332 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $1,784. Paid $357 to Burmingham Company for accounts payable due.
