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, $32,800.
2. Purchased used automobile for $21,000, paying $4,900 cash and giving a note payable for the remainder.
3. Paid April rent for office and workroom, $3,300.
4. Paid cash for supplies, $1,570.
5. Purchased office and computer equipment on account, $6,600.
6. Paid cash for annual insurance policies on automobile and equipment, $2,200.
7. Received cash from a client for plans delivered, $8,200.
8. Paid cash to creditors on account, $1,900.
9. Paid cash for miscellaneous expenses, $375.
10. Received invoice for blueprint service, due in May, $1,100.
11. Recorded fees earned on plans delivered, payment to be received in May, $5,700.
12. Paid salary of assistant, $1,700.
13. Paid cash for miscellaneous expenses, $880.
14. Paid installment due on note payable, $260.
15. Paid gas, oil, and repairs on automobile for April, $430.

Required:

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
a.	fill in the blank 46931701ef8b026_2	b.	fill in the blank 46931701ef8b026_4
g.	fill in the blank 46931701ef8b026_6	c.	fill in the blank 46931701ef8b026_8
		d.	fill in the blank 46931701ef8b026_10
			fill in the blank 46931701ef8b026_12
			fill in the blank 46931701ef8b026_14
			fill in the blank 46931701ef8b026_16
			fill in the blank 46931701ef8b026_18
			fill in the blank 46931701ef8b026_20
			fill in the blank 46931701ef8b026_22
			fill in the blank 46931701ef8b026_24
Bal.	fill in the blank 46931701ef8b026_25

Accounts Receivable
	fill in the blank 46931701ef8b026_27

Supplies
	fill in the blank 46931701ef8b026_29

Prepaid Insurance
	fill in the blank 46931701ef8b026_31

Automobiles
	fill in the blank 46931701ef8b026_33

Equipment
	fill in the blank 46931701ef8b026_35

Notes Payable
	fill in the blank 46931701ef8b026_37		fill in the blank 46931701ef8b026_39
		Bal.	fill in the blank 46931701ef8b026_40

Accounts Payable
	fill in the blank 46931701ef8b026_42		fill in the blank 46931701ef8b026_44
			fill in the blank 46931701ef8b026_46
		Bal.	fill in the blank 46931701ef8b026_47

Common Stock
			fill in the blank 46931701ef8b026_49

Professional Fees
			fill in the blank 46931701ef8b026_51
			fill in the blank 46931701ef8b026_53
		Bal.	fill in the blank 46931701ef8b026_54

Rent Expense
	fill in the blank 46931701ef8b026_56

Salary Expense
	fill in the blank 46931701ef8b026_58

Blueprint Expense
	fill in the blank 46931701ef8b026_60

Automobile Expense
	fill in the blank 46931701ef8b026_62

Miscellaneous Expense
	fill in the blank 46931701ef8b026_64
	fill in the blank 46931701ef8b026_66
Bal.	fill in the blank 46931701ef8b026_67

3. Prepare an unadjusted trial balance for Jones Architects as of April 30, 20Y2. List all accounts in the order of Assets, Liabilities, Stockholders equity, Revenues, and Expenses. If an amount box does not require an entry, leave it blank.

Jones Architects
Unadjusted Trial Balance
April 30, 20Y2
	Debit Balances	Credit Balances
	fill in the blank 6fd692ff1001fa3_2	fill in the blank 6fd692ff1001fa3_3
	fill in the blank 6fd692ff1001fa3_5	fill in the blank 6fd692ff1001fa3_6
	fill in the blank 6fd692ff1001fa3_8	fill in the blank 6fd692ff1001fa3_9
	fill in the blank 6fd692ff1001fa3_11	fill in the blank 6fd692ff1001fa3_12
	fill in the blank 6fd692ff1001fa3_14	fill in the blank 6fd692ff1001fa3_15
	fill in the blank 6fd692ff1001fa3_17	fill in the blank 6fd692ff1001fa3_18
	fill in the blank 6fd692ff1001fa3_20	fill in the blank 6fd692ff1001fa3_21
	fill in the blank 6fd692ff1001fa3_23	fill in the blank 6fd692ff1001fa3_24
	fill in the blank 6fd692ff1001fa3_26	fill in the blank 6fd692ff1001fa3_27
	fill in the blank 6fd692ff1001fa3_29	fill in the blank 6fd692ff1001fa3_30
	fill in the blank 6fd692ff1001fa3_32	fill in the blank 6fd692ff1001fa3_33
	fill in the blank 6fd692ff1001fa3_35	fill in the blank 6fd692ff1001fa3_36
	fill in the blank 6fd692ff1001fa3_38	fill in the blank 6fd692ff1001fa3_39
	fill in the blank 6fd692ff1001fa3_41	fill in the blank 6fd692ff1001fa3_42
	fill in the blank 6fd692ff1001fa3_44	fill in the blank 6fd692ff1001fa3_45
	fill in the blank 6fd692ff1001fa3_46	fill in the blank 6fd692ff1001fa3_47

4. Determine the net income or net loss for April. $fill in the blank 554636000f96027_2