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Entries into accounts and Trial Balance Ken Jones, an architect, organized Jones Architects on April 1, 2012. During the month, Jones Architects completed the following

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Entries into accounts and Trial Balance Ken Jones, an architect, organized Jones Architects on April 1, 2012. 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, 533,600 b. Purchased used automobile for $22,000, paying $5,000 cash and giving a note payable for the remainder. c. Paid April rent for office and workroom, $3,400 d. Paid cash for supplies, $1,610, e. Purchased office and computer equipment on account, $6,700. f. Paid cash for annual insurance policies on automobile and equipment, $2,300. 9. Received cash from a dient for plans delivered, $8,400. h. Paid cash to creditors on account, $1,950, 1. Paid cash for miscellaneous expenses, $375, Received invoice for blueprint service, due in May, $1,100. k. Recorded fees eamed on plans delivered, payment to be received in May, $5,800. 1. Paid salary of assistant, $1,800. m. Paid cash for miscellaneous expenses, 5910. n. Paid installment due on note payable, $270. o Paid gas, oil, and repairs on automobile for April, 5440, Required: 1. Record the above transactions in chronological order) directly in the following accounts, without your ring cash, Accounts Decoples, Prance Automobiles, Equipment, Notes Payable, Accounts Payable, Common Stock, Professional fees, Rent Experts, Salary Expense. Blueprint Expense, Automobile Expense Macron 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 accounts. Accounts containing a single entry only (such as Prepard Insurance) do not need a balance Bal Accounts Receivable Supplies Prepaid Insurance Automobiles Equipment Notes Payable Bal. Accounts Payable Bal. Common Stock Professional Fees Bal. Rent Expense Salary Expense Salary Expense Blueprint Expense Automobile Expense Miscellaneous Expense Bal. 3. Prepare an unadjusted tral balance for Jones Architects as of April 30, 2012 List all accounts in the order of Monets, Lobilities, Stockholders venons, and tegenses amount box does not require an entry, leave it blank Jones Architects Unadjusted Trial Balance April 30, 2012 Debit Balances Credit Balances ( Armous Previous April 30, 20Y2 Debit Balances Credit Balances 4. Determine the net income or net loss for April All work s

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