Calculator Entries Into T accounts and Trial Balance 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 in exchange for Common Stock, $66,700. b. Purchased used automobile for $43,000, paying $10,000 cash and giving a note payable for the remainder. c. Paid April rent for office and workroom, $6,700. d. Pald cash for supplies, $3,200. e. Purchased office and computer equipment on account, $13,300. F. Pald cash for annual Insurance policies on automobile and equipment, $4,500. 9. Received cash from a client for plans delivered, $16,700. h. Pald cash to creditors on account, $3,870. 1. Paid cash for friscellaneous expenses, $375. 1. Received Invoice for blueprint service, due in May, $2,200. k. Recorded fees earned on plans delivered, payment to be received in May, $11,500. 1. Pald salary of assistant, $3,500. m. Paid cash for miscellaneous expenses, $1,800. n. Pald installment due on note payable, $530. o. Pald gas, oil, and repairs on automobile for April, $870. Required: 1. Record the above transactions (in chronological order) directly in the following T accounts, without journalizing: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Automobiles, Equipment, Notes Payable, Accounts Payable, Common Stock, Professional Fees, Rent Expense, Salary Expense, Blueprint Expense, Automobile Expense, Miscellaneous Expense. To 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, Cash Activate Windows Go to Settings to activate Windows Calculator Cash 66,700 16,700 10,000 6,700 3,200 4,500 3,870 375 Accounts Receivable Supplies Prepaid Insurance Calculator Common Stock Professional Fees Bal. Rent Expense Salary Expense Blueprint Expense Acti Automobile Expense Goto Calculator Bal. 3. Prepare an unadjusted trial balance for Jones Architects as of April 30, 2012. List all accounts in the order of Assets, Liabilities, Stockholders' equity, Revenues, and Expenses. If an amount box does not require an entry, leave it blank. Jones Architects Unadjusted Trial Balance April 30, 2012 Debit Balances Credit Balances Activate Windows Den Calculator April 30, 2012 Debit Balances Credit Balances 4. Determine the net income or net loss for April Activate W