Fires into and Trial Marjorie Krms, an architect, organized as Architects on January 1, 2014. During the month, Kraus Architects completed the following transactions Issued common stock to Marjorie Knaus exchange for $30,000 b. Pad January rent for office and workroom, $2,500 c. Purchased used automobile for $2,500, paying $1,000 cash and giving are payable for the remander d. Purchased office and computer equipment on account, 58.000 Pid cash for supplies, 32.100 I. Praid cash for annual insurance policies, $3,600 Received cash from dient for plans delivered, 19,000 hat cash for maneous expenses, 128,000 Paid cach to creditors on account, $4,000. 1. Paid installment due on note payable, $1.875 Received invoice for blueprint service, dei Fary S5.500 Recorded frescared on plans delivered, nament to be received in February, 191,400, m Paid salary of assistants, $6,000 Pod gol, and repairs on automobile for January, 51,300 Required: 1. Record the above transactions (in chronological order) directly in the following accounts, without yournalizing Cast, Accounts Recewable, Supplies Pad tarance, Automobiles, Ewent, Notes Payable, Accounts Payable, Common Stock, Professional Fees, Salary pensent Expense, Rent Expense, Automobile Expense, Miscellaneous Expense. To the left of each amount entered in the accounts, select the appropriate letter to identity the transaction 2. Determine account balances of the accounts, Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance Cash 2. Determine account balances of the accounts, Accounts contain a single entry only (such as Prepaid Insurance) do not need a balance Cash Bal Accounts Receivable Supplies Prepaid Insurance Automobiles Equipment Notes Payable Bal. Accounts Payable Bal. Common Stock Professional Fees Bal. Salary Expense Blueprint Expense Rent Expense Automobile Expense 3. Prepare an unadjusted trial balance for Knaus Architects as of January 31, 2016. La accounts in the order of Assets, Liabilities, Stockholders eauty, Hevere, and Expenses If an amount box does not require an entry leave it blank Knaus Architects Unadjusted Trial Balance January 31, 2014 Debit Balance Credit Balances 4. Determine the net income or net loss for January