Question

Problem 3-05A Bramble 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 1 2 3 10 11 20 30 30 Stockholders invested $23,040 cash in exchange for common stock of the corporation. Hired a secretary-receptionist at a salary of $480 per week, payable monthly. Paid office rent for the month $1,152. Purchased architectural supplies on account from Burmingham Company $1,664. Completed blueprints on a carport and billed client $2,432 for services. Received $896 cash advance from M. Jason to design a new home. Received $3,584 cash for services completed and delivered to S. Melvin. Paid secretary-receptionist for the month $1,920. Paid $384 to Burmingham Company for accounts payable due.

Answer 1

Cash
April 1	$        23,040	April 2	$        1,152
April 11	$              896	April 30	$        1,920
April 20	$          3,584	April 30	$           384
Bal.	$        24,064
Accounts Receivable
April 10	$          2,432
Bal.	$          2,432
Supplies
April 3	$          1,664
Bal.	$          1,664
Accounts Payable
April 30	$              384	April 3	$        1,664
		Bal.	$        1,280
Unearned Service Revenue
		April 11	$           896
		Bal.	$           896
Common Stock
		April 1	$     23,040
		Bal.	$     23,040
Service Revenue
		April 10	$        2,432
		April 20	$        3,584
		Bal.	$        6,016
Salaries and Wages Expense
April 30	$          1,920
Bal.	$          1,920
Rent Expense
April 2	$          1,152
Bal.	$          1,152

Bramble Architects Inc.
Trial Balance
April 30, 2022
	Debit	Credit
Cash	$    24,064
Accounts Receivable	$      2,432
Supplies	$      1,664
Accounts Payable		$    1,280
Unearned Service Revenue		$        896
Common Stock		$ 23,040
Service Revenue		$    6,016
Salaries and Wages Expense	$      1,920
Rent Expense	$      1,152
	$    31,232	$ 31,232