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orie Knaus, an architect, organized Knaus Architects on January 1, 2018. During the month, Knaus Architects completed the following transacions: A issued common stock to

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orie Knaus, an architect, organized Knaus Architects on January 1, 2018. During the month, Knaus Architects completed the following transacions: A issued common stock to Marjorie Knaus in exchange for $16.500. B. Paid January rent for office and workroom, $1,800. used automobile for $28.600, paying $5,100 cash and giving a note payable for the remainder D. Purchased office and computer equipment on acoount, $4,700. E. Paid cash for supplies, $1,850 F. Paid cash for annual insurance policies, $3,500. G. Received cash from client for plans delivered, $13,700. Paid cash for miscellaneous expenses, $2,300. L Paid cash to creditors on account, $4,200 J. Paid installment due on note payable, $950. K. Received invoice for blueprint service, due in February, $3,750. L. Recorded fees earned on plans delivered, payment to be received in February, $21,900 M. Paid salary of assistants, $4,000. N. Paid gas, ol, and repairs on automobile for January, $1,300 se transactions directly in the following T accounts, without joumeizing: Cash: Accounta Resshable: Supplies: Prepaid Insurance yable: Common Stock; Professional Foos: Salary Expense: Blueprint Expense; Rernt Required: 1. Record these Automobiles: Equipment Notes Payable: Accounts Pa Expense: Automoblile Expense; Miscellaneous Expense. To the jef of the amount entered in the accounts select the appropriate letter to identify the transaction 2. Determine 3. Prepare an unadiustod tria balance 4. Determine the net income or net loss for January. account balances of the T accounts Accounts containing a single entry ony (such as Prepaid Insurance) do not need a balance. for Knaus Architects as of January 31, 2018 T Accounts 1. Record these transactions direity in the folowing T accounts, without jhoumelizing: Cash Ascounts Recetable Supplies Prepaid Insurance: Equipment Notes Payable; Accounts Payable; Common Stock: Miscellaneous Expense. To the left of the amount entered in the accounts select the appropriate letter to identify the transaction. 2 balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance. Professional Fees; Salary Expense; Biueprint Expense; Rent Expense; Automolt . Determine a Cash

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