I need help with an accounting problem

Instructions

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:

Journalize transactions,
post, and prepare a trial balance.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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.

Instructions

• (a) Journalize
       the transactions, including explanations.
• (b) Post to the
       ledger T-accounts.
• (c) Prepare a
       trial balance on April 30, 2014.

c) Cash	$18,800
Tot. trial balance	$24,400

 

 

 

 

(c) Cash	$18,800
Tot. trial balance

 

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