accounting

Entries into T accounts and trial balance. Erin Murdoch, an architect, organized Modern Architects on January 1, 20Y4. During the month, Modern Architects completed the following transactions: a. Issued common stock to Erin Murdoch in exchange for $50,000. b. Paid January rent for office and workroom, $3,000. C. Purchased used automobile for $30,000, paying $7,500 cash and giving a note payable for the remainder. d. Purchased office and computer equipment on account, $9,500. e. Paid cash for supplies, $1,800. f. Paid cash for annual insurance policies, $3,600. 9. Received cash from client for plans delivered, $10,500. 7. Paid cash for miscellaneous expenses, $1,500. 1. Paid cash to creditors on account, $5,000. 1. Paid instaliment due on note payable, $750. k. Recelved invoice for blueprint service, due in February, $5,500. 1. Recorded fees eamed on pians delivered; payment to be recelved in February, $22,350. m. Poid satary of assistants, $8,000. 6. Paid gas, oil, and repairs on automoblie for January, $550. Requiredi 1. Record the above transactions (in chronological order) directly in the following T accounts, without joumalizing: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Automabiles, Equipment, Notes Payabie. Accounts Payable, Common Stock, Professionat Fees, Salary Expense, Blueprint Expense, Rent Eapense, Automobile Expense, Miscellaneous Expense. To the ieft of each amount entered in the accounb, select the appropriate letter to identify the transaction