Accounts Receivable Supplies 4. Determine the net income or net loss for April Salary Expense a. x Blueprint Expense a. x Automobile Expense a. x Miscellaneous Expense Accounts Payable Professional Fees Rent Expense a. x Salary Expense Supplies Prepaid Insurance Automobiles Equipment Notes Payable Accounts Payable Unadjusted Trial Balance April 30, 20Y2 Ken Jones, an architect, organized Jones Architects on April 1, 20Y2. During the month, Jones Architects completed the following transactions: a. Transferred cash from a personal bank account to an account to be used for the business, $18,000. b. Purchased used automobile for $19,500, paying $2,500 cash and giving a note payable for the remainder. c. Paid April rent for office and workroom, $3,150. d. Paid cash for supplies, $1,450. e. Purchased office and computer equipment on account, $6,500. f. Paid cash for annual insurance policies on automobile and equipment, $2,400. g. Received cash from a client for plans delivered, $12,000. h. Paid cash to creditors on account, $1,800. i. Paid cash for miscellaneous expenses, $375. j. Received invoice for blueprint service, due in May, $2,500. k. Recorded fees earned on plans delivered, payment to be received in May, $15,650. I. Paid salary of assistant, $2,800. m. Paid cash for miscellaneous expenses, $200. n. Paid installment due on note payable, $300. o. Paid gas, oil, and repairs on automobile for April, $550. Required: the left of each amount entered in the accounts, select the appropriate letter to identify the transaction. 2. Determine account balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance