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 $24,088 cash in exchange for common stock of the corporation.
1 Hired a secretary-receptionist at a salary of $502 per week, payable monthly.
2 Paid office rent for the month $1,204.
3 Purchased architectural supplies on account from Burlington Company $1,740.
10 Completed blueprints on a carport and billed client $2,543 for services.
11 Received $937 cash advance from J. Madison to design a new home.
20 Received $3,747 cash for services completed and delivered to M. Svetlana.
30 Paid secretary-receptionist for the month $2,008.
30 Paid $401 to Burlington Company for accounts payable due.
Journalize the transactions. (If no entry is required, select “No entry” for the account titles and enter 0 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.)