Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice a. Transferred cash from a personal bank account to an account to be used for the business, $37,200. b. Paid October rent for office and workroom, $3,700. c. Purchased used automobile for $24,000, paying $5,600 cash and giving a note payable for the remainder. d. Purchased office and computer equipment on account, $7,400. e. Paid cash for supplies, $1,790. f. Paid cash for annual insurance policies, $2,500. 9. Received cash from client for plans delivered, $9,300. h. Paid cash for miscellaneous expenses, $1,010. i. Pald cash to creditors on account, $2,160. j. Paid $300 on note payable. k. Received invoice for blueprint service, due in November, $1,200. 1. Recorded fees earned on plans delivered payment to he received in November, $6,400. m. Paid salary of assistants, $2,000. n. Paid gas, oil, and repairs on automobile for October, $480. Required: 1. Record the above transactions (in chronological order) directly into the T accounts. To the left of the 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 Previous Next > Submit Assignment for Grading All work saved. Email Instructor 0:43:24 Calculator Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice a. Transferred cash from a personal bank account to an account to be used for the business, $37,200. b. Pald October rent for office and workroom, $3,79 a. c. Purchased used automobile for $24,000, paying cash and giving a note payable for the remainder. d. Purchased office and computer equipment on acab. ,400. e. Paid cash for supplies, $1,790. f. Paid cash for annual insurance policies, $2,500. g. Received cash from client for plans delivered, 59 d. h. Paid cash for miscellaneous expenses, $1,010. I. Paid cash to creditors on account, $2,160. 1. Paid $300 on note payable. k. Received invoice for blueprint service, due Noy $1,200. 1. Recorded fees earned on plans delivered, paymel 9. received in November $6,400. m. Paid salary of assistants, $2,000. 1 n. Paid gas, oil, and repairs on automobile for Octo b . - ...: Required: - - directly into the T accounts. To the left of the amount entered in the accounts, select the appropriate letter to 1. Record the above transactions (in chronological identify the transaction. k. - 2. Determine account balances of the accounts containing a single entry only (such as Prepaid Insurance) do not need a balance Previous Next Email Instructor Subme Assignment for Grading Submit All work saved maining: 0:42:53
