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T accounts and trial balance (than; n: viii-'2- Calculator Entries into T accounts and Trial Balance Ken Jones, an architect, organized Jones Architects on April

T accounts and trial balance

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(than; n: viii-'2- Calculator Entries into T accounts and Trial Balance Ken Jones, an architect, organized Jones Architects on April 1, 20Y2. During the month, Jones Architects completed the following transactions: a. Transferred cash from a personal bank account to an account to be used for the busines s In exchange for Common Stock, $54,000. b. Purchased used automobile for $35,000, paying $8,100 cash and giving a note payable for the remainder. c. Paid April rent for office and workroom, $5,400. d. Paid cash for supplies, $2,590. e. Purchased office and computer equipment on account, $10,800. f. Paid cash for annual insurance policies on automobile and equipment, $3,600. 9. Received cash from a client for plans delivered, $13,500. h. Paid cash to creditors on account, $3,130. I. Paid cash for miscellaneous expenses, $375. 1. Received invoice for blueprint service, due In May, $1,800. k. Recorded fees earned on plans delivered, payment to be received In May, $9,300. I. Paid salary of assistant, $2,900. in . Paid cash for miscellaneous expenses, $1,450. _' n. Paid Installment due on note payable, $430. 0. Paid gas, oil, and repairs on automobile for April, $700. Required: 1. Record the above transactions (in chronological order) directly In the following T accounts, without journallzing: Cash, Accounts Receivable, Supp"

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