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, $44,600. b. Purchased used automobile for $29,000, paying $6,700 cash and giving a note payable for the remainder. c. Paid April rent for office and workroom, $4,500. d. Pald cash for supplies, $2,140. e. Purchased office and computer equipment on account, $8,900. f. Paid cash for annual insurance policies on automobile and equipment, $3,000 9. Received cash from a client for plans delivered, $11,200 h. Pald cash to creditors on account, $2,590. 1. Pald cash for miscellaneous expenses, $375 3. Received Invoice for blueprint service, due in May, $1,500. k. Recorded fees earned on plans delivered, payment to be received in May, $7,700 1. Paid salary of assistant, $2,400 m. Pald cash for miscellaneous expenses, $1,200 n. Paid installment due on note payable, $360 o Paid gas, oil, and repairs on automobile for April $560 Requiredi 1. Record the above transactions (in chronological order) directly in the following accounts, without journalizing: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Automobiles, Equipment, Notes Payable, Accounts Payable, Common Stock, Professional Fees, Rent Expense, Salary Expense, Blueprint 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 Taccounts, Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance Cash Cash Bal. Accounts Receivable Supplies Prepaid Insurance Automobiles Equipment Notes Payable Bal. Accounts Payable Bal. Common Stock Professional Fees Bal. Rent Expense Rent Expense Salary Expense Blueprint Expense Automobile Expense Miscellaneous Expense Bal. 3. Prepare an unadjusted trial balance for Jones Architects as of April 30, 2012. List all accounts in the order Expenses. If an amount box does not require an entry, leave it blank. Jones Architects Unadjusted Trial Balance April 30, 2012 Dobi. Rendi. DAR Jones Architects Unadjusted Trial Balance April 30, 20Y2 Debit Balances Credit Balances > 011 4. Determine the net income or net loss for April