Problem 3-5A (Part Level Submission) Ayala Architects incorporated as licensed architects on April 1, 2017....
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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 $18,990 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $396 per week, payable monthly. 2 Paid office rent for the month $950 3 Purchased architectural supplies on account from Burmingham Company $1,372 10 Completed blueprints on a carport and billed client $2,005 for services. 11 Received $739 cash advance from M. Jason to design a new home 20 Received $2,954 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $1,584. 30 Paid $317 to Burmingham Company for accounts payable due. Cash Salaries and Wages Expense Rent Expense All Rights Reserved. A Division of
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