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, $27,400.
2. Purchased used automobile for $18,000, paying $4,100 cash and giving a note payable for the remainder.
3. Paid April rent for office and workroom, $2,700.
4. Paid cash for supplies, $1,320.
5. Purchased office and computer equipment on account, $5,500.
6. Paid cash for annual insurance policies on automobile and equipment, $1,800.
7. Received cash from a client for plans delivered, $6,900.
8. Paid cash to creditors on account, $1,590.
9. Paid cash for miscellaneous expenses, $375.
10. Received invoice for blueprint service, due in May, $900.
11. Recorded fees earned on plans delivered, payment to be received in May, $4,700.
12. Paid salary of assistant, $1,500.
13. Paid cash for miscellaneous expenses, $740.
14. Paid installment due on note payable, $220.
15. Paid gas, oil, and repairs on automobile for April, $360.

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 415ec50bbfdd066_2		fill in the blank 415ec50bbfdd066_4
b.	fill in the blank 415ec50bbfdd066_6		fill in the blank 415ec50bbfdd066_8
			fill in the blank 415ec50bbfdd066_10
			fill in the blank 415ec50bbfdd066_12
			fill in the blank 415ec50bbfdd066_14
			fill in the blank 415ec50bbfdd066_16
			fill in the blank 415ec50bbfdd066_18
			fill in the blank 415ec50bbfdd066_20
			fill in the blank 415ec50bbfdd066_22
			fill in the blank 415ec50bbfdd066_24
Bal.	fill in the blank 415ec50bbfdd066_25

Accounts Receivable
	fill in the blank 415ec50bbfdd066_27

Supplies
	fill in the blank 415ec50bbfdd066_29

Prepaid Insurance
	fill in the blank 415ec50bbfdd066_31

Automobiles
	fill in the blank 415ec50bbfdd066_33

Equipment
	fill in the blank 415ec50bbfdd066_35

Notes Payable
	fill in the blank 415ec50bbfdd066_37		fill in the blank 415ec50bbfdd066_39
		Bal.	fill in the blank 415ec50bbfdd066_40

Accounts Payable
	fill in the blank 415ec50bbfdd066_42		fill in the blank 415ec50bbfdd066_44
			fill in the blank 415ec50bbfdd066_46
		Bal.	fill in the blank 415ec50bbfdd066_47

Common Stock
			fill in the blank 415ec50bbfdd066_49

Professional Fees
			fill in the blank 415ec50bbfdd066_51
			fill in the blank 415ec50bbfdd066_53
		Bal.	fill in the blank 415ec50bbfdd066_54

Rent Expense
	fill in the blank 415ec50bbfdd066_56

Salary Expense
	fill in the blank 415ec50bbfdd066_58

Blueprint Expense
	fill in the blank 415ec50bbfdd066_60

Automobile Expense
	fill in the blank 415ec50bbfdd066_62

Miscellaneous Expense
	fill in the blank 415ec50bbfdd066_64
	fill in the blank 415ec50bbfdd066_66
Bal.	fill in the blank 415ec50bbfdd066_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 e1235afbb045fd2_2	fill in the blank e1235afbb045fd2_3
	fill in the blank e1235afbb045fd2_5	fill in the blank e1235afbb045fd2_6
	fill in the blank e1235afbb045fd2_8	fill in the blank e1235afbb045fd2_9
	fill in the blank e1235afbb045fd2_11	fill in the blank e1235afbb045fd2_12
	fill in the blank e1235afbb045fd2_14	fill in the blank e1235afbb045fd2_15
	fill in the blank e1235afbb045fd2_17	fill in the blank e1235afbb045fd2_18
	fill in the blank e1235afbb045fd2_20	fill in the blank e1235afbb045fd2_21
	fill in the blank e1235afbb045fd2_23	fill in the blank e1235afbb045fd2_24
	fill in the blank e1235afbb045fd2_26	fill in the blank e1235afbb045fd2_27
	fill in the blank e1235afbb045fd2_29	fill in the blank e1235afbb045fd2_30
	fill in the blank e1235afbb045fd2_32	fill in the blank e1235afbb045fd2_33
	fill in the blank e1235afbb045fd2_35	fill in the blank e1235afbb045fd2_36
	fill in the blank e1235afbb045fd2_38	fill in the blank e1235afbb045fd2_39
	fill in the blank e1235afbb045fd2_41	fill in the blank e1235afbb045fd2_42
	fill in the blank e1235afbb045fd2_44	fill in the blank e1235afbb045fd2_45
	fill in the blank e1235afbb045fd2_46	fill in the blank e1235afbb045fd2_47

4. Determine the net income or net loss for April. $fill in the blank 6a21430abf93018_2