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Entries into accounts and Trial Balance 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 $51,900. b. Paid January rent for office and workroom, $5,200, c. Purchased used automobile for $34,000, paying $7,800 cash and giving a note payable for the remainder, d. Purchased office and computer equipment on account, $10,400. e. Paid cash for supplies, $2,490. f. Paid cash for annual insurance policies, $3,500. g. Received cash from client for plans delivered, $13,000 h. Paid cash for miscellaneous expenses, $1,400. Paid cash to creditors on account, $3,010. 3. Paid installment due on note payable, $420 k. Received invoice for blueprint service, due in August, $1,700. I. Recorded fees earned on plans delivered, payment to be received in August, $9,000 m. Paid salary of assistants, $2,800. n. Paid gas, oil, and repairs on automobile for July, 5670 Required 1. Record the sbove transactions in chronological order) directly in the following accounts, without journaling Cash, Accounts Receivable, Supplier, Prepaid in Stock, Professional Pees, Rent Expense, Salary Expense, Blueprint Expense, Automobile Expense, Miscellaneous Expense. To the left of each amount entered in the 2. Determine the balances of the T accounts Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance Cash 51,900 5,200 n. Paid gas, oil, and repairs on automobile for July, $670. Required: 1. Record the above transactions (in chronological order) directly in the following accounts, without journalizing. Cash, Acc Stock, Professional Fees, Rent Expense, Salary Expense, Blueprint Expense, Automobile Expense, Miscellaneous Expense. Tot 2. Determine the balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not neec Cash 51,900 b. 13,000 5,200 g 7,800 e. 2,490 f. 3,500 h. 1. 1. 1,400 3,010 420 2,800 m. n. 670 Bal. Accounts Recelvable Supplies 2,490 Prepaid Insurance Automobiles Equipment d. Notes Payable Bal. Accounts Payable d. k. Bal Common Stock 30,000 Professional Fees g. Bal. Rent Expense b. Salary Expense All work saved Miscellaneous Expense h. 3. Prepare an unadjusted trial balance for Knaus Architects as of January 31, 2018. List all accou blank Knaus Architects Unadjusted Trial Balance January 31, 2018 Debit Balances Credit Balances 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 4. Determine the net income or not loss for January Net income