Entries into T Accounts and Trial Balance Marjorie Knaus, an architect, organized Knaus Architects on January 1, 2018. During the month, Knaus Architects completed the following transactions: a. Issued common stock to Marjorie Knaus in exchange for $57,900. b. Paid January rent for office and workroom, $5,800. C. Purchased used automobile for $38,000, paying $8,700 cash and giving a note payable for the remainder. d. Purchased office and computer equipment on account, $11,600. e. Paid cash for supplies, $2,780. f. Paid cash for annual insurance policies, $3,900. g. Received cash from client for plans delivered, $14,500. h. Paid cash for miscellaneous expenses, $1,570. i. Paid cash to creditors on account, $3,360. j. Paid installment due on note payable, $460. k. Received invoice for blueprint service, due in August, $1,900. I. Recorded fees earned on plans delivered, payment to be received in August, $10,000. m. Paid salary of assistants, $3,100. n. Paid gas, oil, and repairs on automobile for July, $750. 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 the balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance. Cash i. Paid cash to creditors on account, $3,360. j. Paid installment due on note payable, $460. k. Received invoice for blueprint service, due in August, $1,900. 1. Recorded fees earned on plans delivered, payment to be received in August, $10,000. m. Paid salary of assistants, $3,100. n. Paid gas, oil, and repairs on automobile for July, $750. 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 the balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance. Cash Bal. Bal. Accounts Receivable Supplies Prepaid Insurance Automobiles Automobiles Equipment Notes Payable Bal. Accounts Payable Bal. Common Stock Common Stock Professional Fees Bal. Rent Expense Salary Expense Blueprint Expense Blueprint Expense Automobile Expense Miscellaneous Expense 3. Prepare an unadjusted trial balance for Knaus Architects as of January 31, 2018. List all accounts in the order of Assets, Liabilities, Stockholders' equity, Revenues, and Expenses. For those boxes in which no entry is required, leave the box blank. Knaus Architects Unadjusted Trial Balance January 31, 2018 Debit Balances Credit Balances Accounts Payable Accounts Receivable lll 1001 Supplies Supplies 4. Determine the net income or net loss for January