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, 543,000. b. Purchased used automobile for $28,000, paying $6,500 cash and giving a note payable for the remainder. c. Pald April rent for office and workroom, $4,300. d. Pald cash for supplies, $2,060. e. Purchased office and computer equipment on account, $8,600. t. Pald cash for annual insurance policies on automobile and equipment, $2,900 9. Received cash from a client for plans delivered, $10,800. h. Pald cash to creditors on account. $2,490. L. Pald cash for miscellaneous expenses, $375. 3. Received invoice for blueprint service, due in May, $1,400 k. Recorded foes earned on plans delivered, payment to be received in May, $7,400. I Paid salary of assistant, 52,300" m. Paid cash for miscellaneous expenses, $1,160, n. Pald installment due on note payable, $340. 0. Paid gas, oil, and repairs on automobile for April, $560 Required: 1. Record the above transactions in chronological order) directly in the following accounts, without journing Cash, Accounts Receivable Supplies Prepaid Insurance Automobiles Equipment, Notes Payable, Accounts Payable. Common Stock Professional Fees, Rent Expense, Stary Expense, Blueprint Expense, Automobile Expense Miscellaneous pense to the left of ead 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 Prepaid Insurance) do not need a balance Cash Bal 3. Prepare an unadjusted trial balance for Jones Architects as of April 30, 2012 Listal accounts in the order of Assets, Labtes, Stockholders' equity, Revenues and Expenset. If an amount to does not require an entry, leave it blank. Jones Architects Unadjusted Trial Balance April 30, 2012 Debit Balances Credit Balances 4. Determine the net income or net loss for April