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. Prepare an unadjusted trial balance for Knaus Architects us l . Determine the net income or net loss for January PR 2-2A Journal entries

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. Prepare an unadjusted trial balance for Knaus Architects us l . Determine the net income or net loss for January PR 2-2A Journal entries and trial balance transactions during the month: a. 6,770 On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the,1,23 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in common stock, $40,000. b. Paid rent on office and equipment for the month, $4,800. c. Purchased supplies on account, $2,150. d. Paid creditor on account, $1,100. e. Earned sales commissions, receiving cash, $18,750 TE f. Paid automobile expenses (including rental charge) for month, $1,580, and miscellaneous expenses, $800. g. Paid office salaries, $3,500 h. Determined that the cost of supplies used was $1,300. i. Paid dividends, $1,500. Instructions 1. Journalize entries for transactions (a) through ), using the following account titles: Cash , Sup plies, Accounts Payable, Common Stock, Dividends, Sales Commissions, Rent Expense, Office Salaries Expense, Automobile Expense, Supplies Expense, Miscellaneous Expense. Explanations may be omitted. 2. Prepare T accounts, using the account titles in (I). Post the journal entries to these acco De entry do not need a balance. placing the appropriate letter to the left of each amount to identify the transactions termine the account balances after all posting is complete. Accounts containing only a single

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