Reference no: EM133097130
Question - Grouper 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 $22,410 cash in exchange for common stock of the corporation.
Apr. 1 Hired a secretary-receptionist at a salary of $467 per week, payable monthly.
Apr. 2 Paid office rent for the month $1,120.
Apr. 3 Purchased architectural supplies on account from Burmingham Company $1,618.
Apr. 10 Completed blueprints on a carport and billed client $2,365 for services.
Apr. 11 Received $871 cash advance from M. Jason to design a new home.
Apr. 20 Received $3,486 cash for services completed and delivered to S. Melvin.
Apr. 30 Paid secretary-receptionist for the month $1,868.
Apr. 30 Paid $373 to Burmingham Company for accounts payable due.
Required -
(a) Journalize the transactions.
(b) Post to the ledger T-accounts.
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