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, $49,800.
2. Purchased used automobile for $32,000, paying $7,500 cash and giving a note payable for the remainder.
3. Paid April rent for office and workroom, $5,000.
4. Paid cash for supplies, $2,390.
5. Purchased office and computer equipment on account, $10,000.
6. Paid cash for annual insurance policies on automobile and equipment, $3,300.
7. Received cash from a client for plans delivered, $12,500.
8. Paid cash to creditors on account, $2,890.
9. Paid cash for miscellaneous expenses, $375.
10. Received invoice for blueprint service, due in May, $1,600.
11. Recorded fees earned on plans delivered, payment to be received in May, $8,600.
12. Paid salary of assistant, $2,600.
13. Paid cash for miscellaneous expenses, $1,350.
14. Paid installment due on note payable, $400.
15. Paid gas, oil, and repairs on automobile for April, $650.

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
	fill in the blank d622ba037fe5048_2		fill in the blank d622ba037fe5048_4
	fill in the blank d622ba037fe5048_6		fill in the blank d622ba037fe5048_8
			fill in the blank d622ba037fe5048_10
			fill in the blank d622ba037fe5048_12
			fill in the blank d622ba037fe5048_14
			fill in the blank d622ba037fe5048_16
			fill in the blank d622ba037fe5048_18
			fill in the blank d622ba037fe5048_20
			fill in the blank d622ba037fe5048_22
			fill in the blank d622ba037fe5048_24
Bal.	fill in the blank d622ba037fe5048_25

Accounts Receivable
	fill in the blank d622ba037fe5048_27

Supplies
	fill in the blank d622ba037fe5048_29

Prepaid Insurance
	fill in the blank d622ba037fe5048_31

Automobiles
	fill in the blank d622ba037fe5048_33

Equipment
	fill in the blank d622ba037fe5048_35

Notes Payable
	fill in the blank d622ba037fe5048_37		fill in the blank d622ba037fe5048_39
		Bal.	fill in the blank d622ba037fe5048_40

Accounts Payable
	fill in the blank d622ba037fe5048_42		fill in the blank d622ba037fe5048_44
			fill in the blank d622ba037fe5048_46
		Bal.	fill in the blank d622ba037fe5048_47

Common Stock
			fill in the blank d622ba037fe5048_49

Professional Fees
			fill in the blank d622ba037fe5048_51
			fill in the blank d622ba037fe5048_53
		Bal.	fill in the blank d622ba037fe5048_54

Rent Expense
	fill in the blank d622ba037fe5048_56

Salary Expense
	fill in the blank d622ba037fe5048_58

Blueprint Expense
	fill in the blank d622ba037fe5048_60

Automobile Expense
	fill in the blank d622ba037fe5048_62

Miscellaneous Expense
	fill in the blank d622ba037fe5048_64
	fill in the blank d622ba037fe5048_66
Bal.	fill in the blank d622ba037fe5048_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 d1a846092027fe8_2	fill in the blank d1a846092027fe8_3
	fill in the blank d1a846092027fe8_5	fill in the blank d1a846092027fe8_6
	fill in the blank d1a846092027fe8_8	fill in the blank d1a846092027fe8_9
	fill in the blank d1a846092027fe8_11	fill in the blank d1a846092027fe8_12
	fill in the blank d1a846092027fe8_14	fill in the blank d1a846092027fe8_15
	fill in the blank d1a846092027fe8_17	fill in the blank d1a846092027fe8_18
	fill in the blank d1a846092027fe8_20	fill in the blank d1a846092027fe8_21
	fill in the blank d1a846092027fe8_23	fill in the blank d1a846092027fe8_24
	fill in the blank d1a846092027fe8_26	fill in the blank d1a846092027fe8_27
	fill in the blank d1a846092027fe8_29	fill in the blank d1a846092027fe8_30
	fill in the blank d1a846092027fe8_32	fill in the blank d1a846092027fe8_33
	fill in the blank d1a846092027fe8_35	fill in the blank d1a846092027fe8_36
	fill in the blank d1a846092027fe8_38	fill in the blank d1a846092027fe8_39
	fill in the blank d1a846092027fe8_41	fill in the blank d1a846092027fe8_42
	fill in the blank d1a846092027fe8_44	fill in the blank d1a846092027fe8_45
	fill in the blank d1a846092027fe8_46	fill in the blank d1a846092027fe8_47

4. Determine the net income or net loss for April. $fill in the blank 65a1a109bfd2002_2