rent Attempt in Progress Concord Architects incorporated as licensed arc events and transactions occurred: Apr. 1 1 2 (a) 3 10 11 20 30 30 Stockholders invested $27,000 cash Hired a secretary-receptionist at a s Paid office rent for the month $1,35- Purchased architectural supplies on Completed blueprints on a carport Received $1,050 cash advance from Received $4,200 cash for services c Paid secretary-receptionist for the Paid $450 to Burmingham Compan Journalize the transactions. (If no entry is r Credit account titles are automatically in in the order presented in the problem. Lis
rent Attempt in Progress Concord Architects incorporated as licensed arc events and transactions occurred: Apr. 1 1 2 (a) 3 10 11 20 30 30 Stockholders invested $27,000 cash Hired a secretary-receptionist at a s Paid office rent for the month $1,35- Purchased architectural supplies on Completed blueprints on a carport Received $1,050 cash advance from Received $4,200 cash for services c Paid secretary-receptionist for the Paid $450 to Burmingham Compan Journalize the transactions. (If no entry is r Credit account titles are automatically in in the order presented in the problem. Lis
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question

Transcribed Image Text:Current Attempt in Progress
Concord Architects incorporated as licensed architects on April 1, 2025. During the first month of the operation of the business, these
events and transactions occurred:
Apr. 1
1
2
3
10
11
(a)
20
30
30
Stockholders invested $27,000 cash in exchange for common stock of the corporation.
Hired a secretary-receptionist at a salary of $562 per week, payable monthly.
Paid office rent for the month $1,350.
Purchased architectural supplies on account from Burmingham Company $1,950.
Completed blueprints on a carport and billed client $2,850 for services.
Received $1,050 cash advance from M. Jason to design a new home.
Received $4,200 cash for services completed and delivered to S. Melvin.
Paid secretary-receptionist for the month $2,248.
Paid $450 to Burmingham 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. List all debit entries before credit entries.)

Transcribed Image Text:Prepare a trial balance on April 30, 2025.
CONCORD ARCHITECTS INC.
Trial Balance
Debit
3.3375
Credit
|||
***
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Step 1
Recording of journal entry and preparation of trial balance are as follows
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