Entries into T accounts and trial balance

Ken Jones, an architect, organized Jones Architects on April 1, 20Y2. During the month, Jones Architects completed the following transactions:

1. Transferred cash from a personal bank account to an account to be used for the business in exchange for Common Stock, $61,200.
2. Purchased used automobile for $40,000, paying $9,200 cash and giving a note payable for the remainder.
3. Paid April rent for office and workroom, $6,100.
4. Paid cash for supplies, $2,940.
5. Purchased office and computer equipment on account, $12,200.
6. Paid cash for annual insurance policies on automobile and equipment, $4,100.
7. Received cash from a client for plans delivered, $15,300.
8. Paid cash to creditors on account, $3,550.
9. Paid cash for miscellaneous expenses, $375.
10. Received invoice for blueprint service, due in May, $2,000.
11. Recorded fees earned on plans delivered, payment to be received in May, $10,600.
12. Paid salary of assistant, $3,200.
13. Paid cash for miscellaneous expenses, $1,650.
14. Paid installment due on note payable, $490.
15. Paid gas, oil, and repairs on automobile for April, $800.

Required:

Question Content Area

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, 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 T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance.

Cash

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 1 of 67 a.b.c.d.e.f.i.j.k.l.m.o.a.	fill in the blank 2 of 67	fill in the blank 3 of 67 a.b.e.g.j.k.	fill in the blank 4 of 67
fill in the blank 5 of 67 b.c.f.g.h.i.j.k.l.m.n.o.b.	fill in the blank 6 of 67	fill in the blank 7 of 67 a.c.e.g.j.k.	fill in the blank 8 of 67
		fill in the blank 9 of 67 a.d.e.g.j.k.	fill in the blank 10 of 67
		fill in the blank 11 of 67 a.e.f.g.j.k.	fill in the blank 12 of 67
		fill in the blank 13 of 67 a.e.g.h.j.k.	fill in the blank 14 of 67
		fill in the blank 15 of 67 a.e.g.i.j.k.	fill in the blank 16 of 67
		fill in the blank 17 of 67 a.e.g.j.k.l.	fill in the blank 18 of 67
		fill in the blank 19 of 67 a.e.g.j.k.m.	fill in the blank 20 of 67
		fill in the blank 21 of 67 a.e.g.j.k.n.	fill in the blank 22 of 67
		fill in the blank 23 of 67 a.e.g.j.k.o.	fill in the blank 24 of 67
Bal.	fill in the blank 25 of 67

Accounts Receivable

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 26 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.k.	fill in the blank 27 of 67

Supplies

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 28 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.d.	fill in the blank 29 of 67

Prepaid Insurance

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 30 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.f.	fill in the blank 31 of 67

Automobiles

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 32 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.b.	fill in the blank 33 of 67

Equipment

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 34 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.e.	fill in the blank 35 of 67

Notes Payable

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 36 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.b.	fill in the blank 37 of 67	fill in the blank 38 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.n.	fill in the blank 39 of 67
		Bal.	fill in the blank 40 of 67

Accounts Payable

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 41 of 67 a.b.c.e.f.g.h.k.l.m.n.o.e.	fill in the blank 42 of 67	fill in the blank 43 of 67 b.c.d.e.g.h.i.k.l.m.n.o.h.	fill in the blank 44 of 67
		fill in the blank 45 of 67 a.b.c.d.f.g.h.i.j.k.l.m.n.o.j.	fill in the blank 46 of 67
		Bal.	fill in the blank 47 of 67

Common Stock

Transaction	Debit amount	Transaction	Credit amount
		fill in the blank 48 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.a.	fill in the blank 49 of 67

Professional Fees

		fill in the blank 50 of 67 a.b.d.e.f.g.h.i.l.m.n.o.g.	fill in the blank 51 of 67
		fill in the blank 52 of 67 a.b.d.e.f.h.i.j.k.l.o.k.	fill in the blank 53 of 67
		Bal.	fill in the blank 54 of 67

Rent Expense

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 55 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.c.	fill in the blank 56 of 67

Salary Expense

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 57 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.l.	fill in the blank 58 of 67

Blueprint Expense

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 59 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.j.	fill in the blank 60 of 67

Automobile Expense

Transaction	Debit amount	Transaction	Credit amount
fill in the blank 61 of 67 a.b.c.d.e.f.g.h.i.j.k.l.m.n.o.o.	fill in the blank 62 of 67

Miscellaneous Expense

fill in the blank 63 of 67 a.b.c.d.e.f.i.j.k.l.i.	fill in the blank 64 of 67
fill in the blank 65 of 67 a.b.c.f.g.h.j.k.l.m.o.m.	fill in the blank 66 of 67
Bal.	fill in the blank 67 of 67