Question

Novak 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 $18,270 cash in exchange for common stock of the corporation. 1 Hired a secretary-receptionist at a salary of $381 per week, payable monthly. 2 Paid office rent for the month $914. 3 Purchased architectural supplies on account from Burmingham Company $1,320. 10 Completed blueprints on a carport and billed client $1,929 for services. 11 Received $711 cash advance from M. Jason to design a new home. 20 Received $2,842 cash for services completed and delivered to S. Melvin. 30 Paid secretary-receptionist for the month $1,524. 30 Paid $305 to Burmingham Company for accounts payable due.

(a) 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.) Date Account Titles and Explanation Debit Credit choose a transaction date Apr. 1Apr. 2Apr. 3Apr. 10Apr. 11Apr. 20Apr. 30 enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount choose a transaction date Apr. 1Apr. 2Apr. 3Apr. 10Apr. 11Apr. 20Apr. 30 enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount choose a transaction date Apr. 1Apr. 2Apr. 3Apr. 10Apr. 11Apr. 20Apr. 30 enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount choose a transaction date Apr. 1Apr. 2Apr. 3Apr. 10Apr. 11Apr. 20Apr. 30 enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount choose a transaction date Apr. 1Apr. 2Apr. 3Apr. 10Apr. 11Apr. 20Apr. 30 enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount choose a transaction date Apr. 1Apr. 2Apr. 3Apr. 10Apr. 11Apr. 20Apr. 30 enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount choose a transaction date Apr. 1Apr. 2Apr. 3Apr. 10Apr. 11Apr. 20Apr. 30 enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount choose a transaction date Apr. 1Apr. 2Apr. 3Apr. 10Apr. 11Apr. 20Apr. 30 enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount choose a transaction date Apr. 1Apr. 2Apr. 3Apr. 10Apr. 11Apr. 20Apr. 30 enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount

Answer 1

Date	Account Titles and Explanation	Debit	Credit
Apr. 1	Cash	18,270
	Common stock		18,270
	( To record issuance of common stock)
Apr. 1	No entry required
Apr. 2	Rent expense	914
	Cash		914
	( To record rent expense)
Apr. 3	Supplies	1,320
	Accounts payable- Burmingham Company		1,320
	( To record purchase of supplies)
Apr. 10	Accounts receivable	1,929
	Service revenue		1,929
	( To record service revenue)
Apr. 11	Cash	711
	Unearned revenue		711
	( To record unearned revenue earned)
Apr. 20	Cash	2,842
	Service revenue		2,842
	( To record service revenue)
Apr. 30	Salaries expense	1,524
	Cash		1,524
	( To record salaries expense)
Apr. 30	Accounts payable - Burmingham Company	305
	Cash		305
	( To record payment of creditors)