Kimberly Manis, an architect, organized Manis Architects on January 1, 2016. During the month, Manis Architects completed the following transactions:

A.	Issued common stock to Kimberley Manis in exchange for $18,000.
B.	Paid January rent for office and workroom, $2,000.
C.	Purchased used automobile for $28,000, paying $4,200 cash and giving a note payable for the remainder.
D.	Purchased office and computer equipment on account, $4,200.
E.	Paid cash for supplies, $1,400.
F.	Paid cash for annual insurance policies, $3,700.
G.	Received cash from client for plans delivered, $13,050.
H.	Paid cash for miscellaneous expenses, $2,700.
I.	Paid cash to creditors on account, $3,300.
J.	Paid installment due on note payable, $1,000.
K.	Received invoice for blueprint service, due in February, $5,000.
L.	Recorded fees earned on plans delivered, payment to be received in February, $20,500.
M.	Paid salary of assistants, $4,300.
N.	Paid gas, oil, and repairs on automobile for January, $1,100.

	Required:
1.	Record these transactions directly in the following T accounts, without journalizing: Cash; Accounts Receivable; Supplies; Prepaid Insurance; Automobiles; Equipment; Notes Payable; Accounts Payable; Common Stock; Professional Fees; Salary Expense; Blueprint Expense; Rent Expense; Automobile Expense; Miscellaneous Expense. To the left of the 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.
3.	Prepare an unadjusted trial balance for Manis Architects as of January 31, 2016.
4.	Determine the net income or net loss for January.

Cash 2 Accounts Receivable 3 Supplies Prepaid Insurance 5 Automobiles 6 Equipment Manis Architects UNADJUSTED TRIAL BALANCE January 31, 2016 ACCOUNT TITLE DEBIT Score: 0/63 CREDIT