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Problem 3-5A Ayala Architects incorporated as licensed architects on April 1, 2017. During the first...

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Accounting

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Problem 3-5A 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 $22,050 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 $459 per week, payable monthly Paid office rent for the month $1,103 Purchased architectural supplies on account from Burmingham Company $1,593 Completed blueprints on a carport and billed client $2,328 for services Received $858 cash advance from M. Jason to design a new home Received $3,430 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $1,836 Paid $368 to Burmingham Company for accounts payable due

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