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Problem 3-05A Ayala 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 $18,000 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $375 per week, payable monthly. 2 Paid office rent for the month $900. 3 Purchased architectural supplies on account from Burmingham Company $1,300. 10 Completed blueprints on a carport and billed client $1,900 for services. 11 Received $700 cash advance from M. Jason to design a new home. 20 Received $2,800 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $1,500. 30 Paid $300 to Burmingham Company for accounts payable due. Journalize the transactions. (If no entry is required, select "No entry" for the account titles and enter o 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 18000 Common Stock 18000 Apr. 2 Rent Expense 900 Cash 900 Apr. 3 Supplies 1300 Accounts Payable 300 Apr. 10 Accounts Receivable 700 Service Revenue 700 x Cash Unearned Service Revenue Cash Service Revenue Salaries and Wages Expense UUUUU DODOHODINU Cash No Entry No Entry No Entry No Entry Post to the ledger T-accounts. (Post entries in the order of journal entries presented in the question.) Cash 4/1 4/2 4/11 4/20 Accounts Receivable DO OD DOO Supplies Accounts Payable Unearned Service Revenue x Common Stock Service Revenue X M X Salaries and Wages Expense x x X X X X x X Rent Expense x X x X X x x Prepare a trial balance on April 30, 2022. AYALA ARCHITECTS INC. Trial Balance Debit Credit X Todddddi Oficticidi x X ULT
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