Entries into T 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, $42,400. b. Purchased used automobile for $28,000, paying $6,400 cash and giving a note payable for the remainder. c. Paid April rent for office and workroom, $4,200. d. Paid cash for supplies, $2,040. e. Purchased office and computer equipment on account, $8,500. f. Paid cash for annual insurance policies on automobile and equipment, $2,000. g. Received cash from a client for plans delivered, $10,600, h. Paid cash to creditors on account, $2,460. i. Paid cash for miscellaneous expenses, $375. J. Received invoice for blueprint service, due in May, $1,400. k. Recorded fees earned on plans delivered, payment to be received in May, $7,300. L. Paid salary of assistant, $2,200. m. Paid cash for miscellaneous expenses, $1,150. n. Paid installment due on note payable, $340. o. Paid gas, oil, and repairs on automobile for April, $550.