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rosoft Office Home w s.com mation System-Sp-20 To on on U VON httpsam-us-east-1-prod-feet01-xythos. cat Foyle...

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Finance

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rosoft Office Home w s.com mation System-Sp-20 To on on U VON httpsam-us-east-1-prod-feet01-xythos. cat Foyle Architects incorporated as licensed architects on April 1, 2014. 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 Burlington Company $1,300. 10 Completed blueprints on a carport and billed client $1,900 for services. 11 Received $700 cash advance from J. Madison to design a new home. 20 Received $2,800 cash for services completed and delivered to M. Svetlana. 30 Paid secretary-receptionist for the month $1,500. 30 Paid $300 to Burlington Company for accounts payable due. The company uses these accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Unearned Service Revenue, Common Stock, Service Revenue, Salaries and Wages Expense, and Rent Expense. References Required Resources: Kieso, D. E., Kimmel, P.D., & Weygandt, J.J. (2013). Accounting: Tools for Business Decision oling (5th Ed) Hoboken ML lohn Wilou 9

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