Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice:

1. Transferred cash from a personal bank account to an account to be used for the business, $36,000.
2. Paid October rent for office and workroom, $2,400.
3. Purchased used automobile for $32,800, paying $7,800 cash and giving a note payable for the remainder.
4. Purchased equipment on account, $9,000.
5. Paid cash for supplies, $2,150.
6. Paid cash for annual insurance policies, $4,000.
7. Received cash from client for plans delivered, $12,200.
8. Paid cash for miscellaneous expenses, $815.
9. Paid cash to creditors on account, $4,500.
10. Paid $5,000 on note payable.
11. Received invoice for blueprint service, due in November, $2,890.
12. Recorded fees earned on plans delivered, payment to be received in November, $18,300.
13. Paid salary of assistants, $6,450.

Journalize the transactions, then post to the ledger accounts and update the balances. Once that's done do the unadjusted trial balance in the worksheet (the first two columns) then prepare the financial statements.

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\begin{tabular}{|l|l} \hline & \\ \hline \end{tabular} 0 0 0 \begin{tabular}{l|l|l|l|} \hline 0 & 0 & 0 & 0 \\ \hline \end{tabular} Net Income 0 JOURNAL Ledger Worksheet Statements Trial Balance 7:32 PM Thu Sep 28 1007+PR2-2A+C...g+Template copy Home Insert Draw Page Layout Formulas Data Review View Calibri (Body) 11 B I fx Enter text or formula here 7:32 PM Thu Sep 28 1007+PR2-2A+C...g+Template copy Calibri (Body) Home Insert Page Layout Formulas Data Review View fx Enter text or formula here 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 Liabilities \& Owner's Equity Liabilities: Total Liabilities Owner's Equity: Total Liabilities \& Owner's Capital JOURNAL Ledger Worksheet Statements Trial Balance 7:32 PM Thu Sep 28 1007+PR2-2A+C...g+Template copy Home Insert Draw Page Layout Formulas Data Review View Calibri (Body) 11 B I A fx Enter text or formula here A B c D E G H \begin{tabular}{l|l} J & K \end{tabular} K L M N O UNADJUSTED TRIAL BALANCE Connie Young Architect \begin{tabular}{|l|l|l|} \hline Account & Dr. & Cr. \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} JOURNAL Ledger Worksheet Statements Trial Balance 7:32 PM Thu Sep 28 1007+PR2-2A+C...g+Template copy Home Insert Draw Page Layout Formulas Data Review View Calibri (Body) 11 B I A General fx Enter text or formula here B C D GENERAL JOURNAL Date Item Ref Dr Cr G H K L M N O P 6 8 10 12 13 14 15 17 18 19 20 21 23 25 26 28 29 31 33 34 JOURNAL Ledger Worksheet Statements Trial Balance 7:32 PM Thu Sep 28 1007+PR2-2A+C...g+Template copy Home Insert Draw Page Layout Formulas Data Review View Calibri (Body) 11 B I fx Enter text or formula here 7:32 PM Thu Sep 28 1007+PR2-2A+C...g+Template copy Home Insert Draw Page Layout Formulas Data Review View Calibri (Body) 11 B A General D fx Enter text or 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Thu Sep 28 1007+PR2-2A+C...g+Template copy Home Insert Draw Page Layout Formulas Data Review View Calibri (Body) 11 B I fx Enter text or formula here 7:32 PM Thu Sep 28 1007+PR2-2A+C...g+Template copy Calibri (Body) Home Insert Page Layout Formulas Data Review View fx Enter text or formula here 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 Liabilities \& Owner's Equity Liabilities: Total Liabilities Owner's Equity: Total Liabilities \& Owner's Capital JOURNAL Ledger Worksheet Statements Trial Balance 7:32 PM Thu Sep 28 1007+PR2-2A+C...g+Template copy Home Insert Draw Page Layout Formulas Data Review View Calibri (Body) 11 B I A fx Enter text or formula here A B c D E G H \begin{tabular}{l|l} J & K \end{tabular} K L M N O UNADJUSTED TRIAL BALANCE Connie Young Architect \begin{tabular}{|l|l|l|} \hline Account & Dr. & Cr. \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline 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