eBook Calculator Print Item Entries into T accounts and Trial Balance Marjorie Knaus, an architect, organized Knaus Architects on January 1, 2014. During the month, Knaus Architects completed the following transactions: a. Issued common stock to Marjorie Knaus in exchange for $30,000. b. Pald January rent for office and workroom, $2,500. c. Purchased used automobile for $28,500, paying $6,000 cash and giving a note payable for the remainder. d. Purchased office and computer equipment on account, $8,000. e. Paid cash for supplies, $2,100. f. Pald cash for annual insurance policies, $3,600. g. Received cash from client for plans delivered, $9,000. h. Paid cash for miscellaneous expenses, $2,600. i. Pald cash to creditors on account, $4,000. 1. Pald installment due on note payable, $1,875. k. Received invoice for blueprint service, due in February, $5,500. 1. Recorded fees earned on plans delivered, payment to be received in February, $31,400. n. Pald salary of assistants, $6,000. n. Pald gas, oil, and repairs on automobile for January, $1,300. 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, Salary Expense, Blueprint Expense, Rent 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. eBook Calculator Print Item balance. Cash b. 30,000 9,000 2,500 6,000 g C. e. 2,100 3,600 f. h. 2,600 i. 4,000 1,875 J. m. 6,000 n. 1,300 Bal. 9,025 Accounts Receivable 1. 31,400 Supplies 2,100 eBook Calculator Print Item I. 31,400 Supplies e. 2,100 Prepaid Insurance 3,600 Automobiles Equipment Notes Payable Bal. Notes Payable Bal. Accounts Payable Bal. Common Stock Professional Fees Bal. Professional Fees Bal. Salary Expense Blueprint Expense Rent Expense Automobile Expense Miscellaneous Expense 3. Prepare an unadjusted trial balance for Knaus Architects as of January 31, 20Y4. List all accounts in the order of Asset Stockholders' equity, Revenues, and Expenses. If an amount box does not require an entry, leave it blank. Knaus Architects Unadjusted Trial Balance January 31, 2014 Debit Balances Credit Balances > 4. Determine the net income or net loss for January