Post and create a ledger T-accounts. (Post enteries in the order of journal entries presented in the question.) Blue Spruce Architects incorporated as licensed architects on April 1, 2022. During the firstmonth of the operation of the business, these events and transactions occurred:Apr. 1Stockholders invested $19,980 cash in exchange for common stock of the corporatic1Hired a secretary-receptionist at a salary of $416 per week, payable monthly.2Paid office rent for the month $999.Purchased architectural supplies on account from Burmingham Company $1,443.10Completed blueprints on a carport and billed client $2,109 for services.11Received $777 cash advance from M. Jason to design a new home.Received $3,108 cash for services completed and delivered to S. Melvin.30Paid secretary-receptionist for the month $1,664.30Paid $333 to Burmingham Company for accounts payable due.20

T-account: A T-account is an informal part of financial statements and is formed on the principles…

Blue Spruce Architects incorporated as licensed architects on April 1, 2 month of the operation of the business, these events and transactions c Apr. 1 Stockholders invested $19,980 cash in exchange for comm 1 Hired a secretary-receptionist at a salary of $416 per week

Blue Spruce Architects incorporated as licensed architects on April 1, 2 month of the operation of the business, these events and transactions c Apr. 1 Stockholders invested $19,980 cash in exchange for comm 1 Hired a secretary-receptionist at a salary of $416 per week

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 17PA: Prepare journal entries to record the following transactions for the month of November: A. on first...

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