Pina Colada 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 $ 26,910 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $ 561 per week, payable monthly. 2 Paid office rent for the month $ 1,345. 3 Purchased architectural supplies on account from Burmingham Company $ 1,943. 10 Completed blueprints on a carport and billed client $ 2,840 for services. 11 Received $ 1,046 cash advance from M. Jason to design a new home. 20 Received $ 4,186 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $ 2,244. 30 Paid $ 448 to Burmingham Company for accounts payable due.
Pina Colada 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 $ 26,910 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $ 561 per week, payable monthly. 2 Paid office rent for the month $ 1,345. 3 Purchased architectural supplies on account from Burmingham Company $ 1,943. 10 Completed blueprints on a carport and billed client $ 2,840 for services. 11 Received $ 1,046 cash advance from M. Jason to design a new home. 20 Received $ 4,186 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $ 2,244. 30 Paid $ 448 to Burmingham Company for accounts payable due.
Chapter4: Operating Activities: Sales And Cash Receipts
Section: Chapter Questions
Problem 1.7C
Related questions
Question
Pina Colada 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 $ 26,910 cash in exchange for common stock of the corporation. | |
| 1 | Hired a secretary-receptionist at a salary of $ 561 per week, payable monthly. | |
| 2 | Paid office rent for the month $ 1,345. | |
| 3 | Purchased architectural supplies on account from Burmingham Company $ 1,943. | |
| 10 | Completed blueprints on a carport and billed client $ 2,840 for services. | |
| 11 | Received $ 1,046 cash advance from M. Jason to design a new home. | |
| 20 | Received $ 4,186 cash for services completed and delivered to S. Melvin. | |
| 30 | Paid secretary-receptionist for the month $ 2,244. | |
| 30 |
Paid $ 448 to Burmingham Company for accounts payable due. |
Please solve all parts & do not skip if questions contact my instagram:@fp.juanpasyp
Transcribed Image Text:Post to the ledger T-accounts. (Post entries in the order of journalentries presented in the question)
Cash
4/1
4/20
4,186
4/2
1345
/30
2244
4/11
1.046
448)
Bal
36,179
Accounts Receivable
V10
2.840
Bal.
2840
Supplies
4/3
Bal.
1943
Accounts Payable
4/3
1.943
1:30
442
Bal
Unearned Service Revenue
4/11
1.046
Bal.
1046
Common Stock
4/1
26,910
Bal.
26.910
Service Revenue
4/10
2.840
4/20
186
Bal
7:026
Salaries and Wages Expense
4/30
2.244
Bal.
2244
Rent Expense
4/2 V
Bal V
1345
>>
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 1 images
Recommended textbooks for you
College Accounting, Chapters 1-27
Accounting
ISBN:
9781337794756
Author:
HEINTZ, James A.
Publisher:
Cengage Learning,
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
College Accounting, Chapters 1-27
Accounting
ISBN:
9781337794756
Author:
HEINTZ, James A.
Publisher:
Cengage Learning,
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage