UOP ACC 290 NEW Entire Course UOP ACC 290 Week 2 WileyPLUS NEW - 100% Correct

UOP ACC 290 Week 2 WileyPLUS NEW - 100%
Correct
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Question 1
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:
Apr. 1
Stockholders invested $22,450 cash
in exchange for common stock of the
corporation.
1
Hired a secretary-receptionist at a salary
of $468 per week, payable monthly.
2
Paid office rent for the month $1,122.
3
Purchased architectural supplies on
account from Burlington Company $1,621.
10
Completed blueprints on a carport and
billed client $2,370 for services.
11
Received $873 cash advance from J.