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 $30,000.
B.	Paid January rent for office and workroom, $2,500.
C.	Purchased used automobile for $28,500, paying $6,000 cash and giving a note payable for the remainder.
D.	Purchased office and computer equipment on account, $8,000.
E.	Paid cash for supplies, $2,100.
F.	Paid cash for annual insurance policies, $3,600.
G.	Received cash from client for plans delivered, $9,000.
H.	Paid cash for miscellaneous expenses, $2,600.
I.	Paid cash to creditors on account, $4,000.
J.	Paid installment due on note payable, $1,875.
K.	Received invoice for blueprint service, due in February, $5,500.
L.	Recorded fees earned on plans delivered, payment to be received in February, $31,400.
M.	Paid salary of assistants, $6,000.
N.	Paid gas, oil, and repairs on automobile for January, $1,300.

2.	Determine account balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance.

Knaus Architects

UNADJUSTED TRIAL BALANCE

Score: 0/63

January 31, 2018

	ACCOUNT TITLE	DEBIT	CREDIT
1	Cash
2	Accounts Receivable
3	Supplies
4	Prepaid Insurance
5	Automobiles
6	Equipment
7	Notes Payable
8	Accounts Payable
9	Common Stock
10	Professional Fees
11	Salary Expense
12	Blueprint Expense
13	Rent Expense
14	Automobile Expense
15	Miscellaneous Expense
16	Totals