Marjorie Knaus, an architect, organized Knaus Architects on January 1, 20Y4. During the month, Knaus Architects completed the following transactions:

1. Issued common stock to Marjorie Knaus in exchange for $30,000.
2. Paid January rent for office and workroom, $2,500.
3. Purchased used automobile for $28,500, paying $6,000 cash and giving a note payable for the remainder.
4. Purchased office and computer equipment on account, $8,000.
5. Paid cash for supplies, $2,100.
6. Paid cash for annual insurance policies, $3,600.
7. Received cash from client for plans delivered, $9,000.
8. Paid cash for miscellaneous expenses, $2,600.
9. Paid cash to creditors on account, $4,000.
10. Paid installment due on note payable, $1,875.
11. Received invoice for blueprint service, due in February, $5,500.
12. Recorded fees earned on plans delivered, payment to be received in February, $31,400.
13. Paid salary of assistants, $6,000.
14. Paid gas, oil, and repairs on automobile for January, $1,300.

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, Salary Expense, Blueprint Expense, Rent 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 29616309307bf9d_2		fill in the blank 29616309307bf9d_4
	fill in the blank 29616309307bf9d_6		fill in the blank 29616309307bf9d_8
			fill in the blank 29616309307bf9d_10
			fill in the blank 29616309307bf9d_12
			fill in the blank 29616309307bf9d_14
			fill in the blank 29616309307bf9d_16
			fill in the blank 29616309307bf9d_18
			fill in the blank 29616309307bf9d_20
			fill in the blank 29616309307bf9d_22
Bal.	fill in the blank 29616309307bf9d_23

Accounts Receivable
	fill in the blank 29616309307bf9d_25

Supplies
	fill in the blank 29616309307bf9d_27

Prepaid Insurance
	fill in the blank 29616309307bf9d_29

Automobiles
	fill in the blank 29616309307bf9d_31

Equipment
	fill in the blank 29616309307bf9d_33

Notes Payable
	fill in the blank 29616309307bf9d_35		fill in the blank 29616309307bf9d_37
		Bal.	fill in the blank 29616309307bf9d_38

Accounts Payable
	fill in the blank 29616309307bf9d_40		fill in the blank 29616309307bf9d_42
			fill in the blank 29616309307bf9d_44
		Bal.	fill in the blank 29616309307bf9d_45

Common Stock
			fill in the blank 29616309307bf9d_47

Professional Fees
			fill in the blank 29616309307bf9d_49
			fill in the blank 29616309307bf9d_51
		Bal.	fill in the blank 29616309307bf9d_52

Salary Expense
	fill in the blank 29616309307bf9d_54

Blueprint Expense
	fill in the blank 29616309307bf9d_56

Rent Expense
	fill in the blank 29616309307bf9d_58

Automobile Expense
	fill in the blank 29616309307bf9d_60

Miscellaneous Expense
	fill in the blank 29616309307bf9d_62

3. Prepare an unadjusted trial balance for Knaus Architects as of January 31, 20Y4. 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.

Knaus Architects
Unadjusted Trial Balance
January 31, 20Y4
	Debit Balances	Credit Balances
	fill in the blank 9f5b4a03b05d005_2	fill in the blank 9f5b4a03b05d005_3
	fill in the blank 9f5b4a03b05d005_5	fill in the blank 9f5b4a03b05d005_6
	fill in the blank 9f5b4a03b05d005_8	fill in the blank 9f5b4a03b05d005_9
	fill in the blank 9f5b4a03b05d005_11	fill in the blank 9f5b4a03b05d005_12
	fill in the blank 9f5b4a03b05d005_14	fill in the blank 9f5b4a03b05d005_15
	fill in the blank 9f5b4a03b05d005_17	fill in the blank 9f5b4a03b05d005_18
	fill in the blank 9f5b4a03b05d005_20	fill in the blank 9f5b4a03b05d005_21
	fill in the blank 9f5b4a03b05d005_23	fill in the blank 9f5b4a03b05d005_24
	fill in the blank 9f5b4a03b05d005_26	fill in the blank 9f5b4a03b05d005_27
	fill in the blank 9f5b4a03b05d005_29	fill in the blank 9f5b4a03b05d005_30
	fill in the blank 9f5b4a03b05d005_32	fill in the blank 9f5b4a03b05d005_33
	fill in the blank 9f5b4a03b05d005_35	fill in the blank 9f5b4a03b05d005_36
	fill in the blank 9f5b4a03b05d005_38	fill in the blank 9f5b4a03b05d005_39
	fill in the blank 9f5b4a03b05d005_41	fill in the blank 9f5b4a03b05d005_42
	fill in the blank 9f5b4a03b05d005_44	fill in the blank 9f5b4a03b05d005_45
	fill in the blank 9f5b4a03b05d005_46	fill in the blank 9f5b4a03b05d005_47

4. Determine the net income or net loss for January.