Obj. 1, 2, 3 PR 2-1A Entries into T accounts and trial balance umn: Marjorie Knaus, an architect, organized Knaus Architects on January 1, 20Y4. During the mone 525 Knaus Architects completed the following transactions: a. Issued common stock to Marjorie Knaus in exchange for $30,000. b. Pald 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. Pald cash for supplies, $2,100. f. Pald cash for annual insurance policies, $3,600. 9. Received cash from client for plans delivered, $9,000. h. Pald cash for miscellaneous expenses, $2,600. 1. Pald cash to creditors on account, $4,000. J. Pald installment due on note payable, $1,875. k Received invoice for blueprint service, due in February, $5,500. 1. Recorded fees earned on plans delivered, payment to be received in February, $31,400. m. Pald salary of assistants, $6,000, n. Paid gas, oil and repairs on automobile for January, $1,300. Instructions 1. Record these transactions directly in the following T accounts, without journalizing: Cash, Accou Receivable, Supplies, Prepaid Insurance, Automobiles, Equipment, Notes Payable, Accounts P able, Common Stock, Professional Fees, Salary Expense, Blueprint Expense, Rent Expense, Au mobile Expense, Miscellaneous Expense. To the left of the amount entered in the accounts, pl: the appropriate letter to identify the transaction. 2. Determine account balances of the T accounts. Accounts containing a single entry only (su as Prepaid Insurance) do not need a balance. 3. Prepare an unadjusted trial balance for Knaus Architects as of January 31, 20Y4. 4. Determine the net income or net loss for January