Entries into T Accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2014. During the month, she completed the following transactions connected with her professional practice: a. Transferred cash from a personal bank account to an account to be used for the business, $32,700. b. Pald October rent for office and workroom, $3,300. c. Purchased used automobile for $21,000, paying $4,900 cash and giving a note payable for the remainder. d. Purchased office and computer equipment on account, $6,500 e. Pald cash for supplies, $1,570. Pald cash for annual Insurance policies, $2,200. 9. Received cash from client for plans delivered, $8,200. n. Pald cash for miscellaneous expenses, 5880. Pald cash to creditors on account, $1,900. 1. Paid $260 on note payable k Received invoice for blutprint service, due in November, $1,100. 1. Recorded fees earned on plans delivered, payment to be received in November, 55,700. m. Pald salary of assistants, $1,700 n. Paid gas, oil, and repairs on automobile for October, $430. Required: 1. Record the above transactions (In chronological order) directly into the accounts. To the left of the 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 onty (such as Prepaid Insurance) do not need a balance Cash 1.110 31 Supplies Expense Supplies 1110 300 31 Unearned Ront Rent Expense 2. Determine the balances of the accounts affected by the adjusting entries and prepare an adjusted trial balance an amount box does not require an entry, letve blank Reece Financial Services Co. Adjusted Trial Balance July 31, 2016 Debit balances Credit Balances 10,300 4.95 Accounts Receivable (Predos