Normal Balances of Accounts Identity each of the following accounts of Dispatch Services Co. as asset, ability owner's equites revenue Type of Account Liability Debitor Credit Credit Expense X Debit a Accounts Payable Accounts Recenoble a Ashley Ghan, Capital e Ashley in Drawing Expense X Credit Revenue X Debat Asset Debit Fees Eamed Owner's equity X Credit Office Equipment Liability X Debit Debit Liability Debit Revenue X Debit ssignment/take Assignment Main.dolinvoker&takeAssignmentSessionLocator=&inprogress. W e Entries into T accounts and Trial Balance Ken Jones, an architect, opened an office on April 1, 2019. During the month, he completed the following transactions connected with his professional practice: a. Transferred cash from a personal bank account to an account to be used for the business, $18,000. b. Purchased used automobile for $19,500, paying $2,500 cash and giving a note payable for the remainder. c. Paid April rent for office and workroom, $3,150. d. Paid cash for supplies, $1,450. e. Purchased office and computer equipment on account, $6,500. f. Paid cash for annual insurance policies on automobile and equipment, $2,400. g. Received cash from a client for plans delivered, $12,000. h. Paid cash to creditors on account, $1,800. i. Paid cash for miscellaneous expenses, $375. j. Received invoice for blueprint service, due in May, $2,500. k. Recorded fees earned on plans delivered, payment to be received in May, $15,650. 1. Paid salary of assistant, $2,800. m. Paid cash for miscellaneous expenses, $200. n. Paid $300 on note payable. o. Paid gas, oil, and repairs on automobile for April, $550. Required: 1. Record the above transactions (in chronological order) directly in the following T accounts without journalizing: Cash; Accounts Receivable; Supplies; Prepaid Insurance; Automobiles; Equipment; Notes Payable; Accounts Payable; Ken Jones, Capital; Professional Fees; Rent Expense; Salary Expense; Blueprint Expense; Automobile Expense; Miscellaneous Expense. To the left of each amount entered in the accounts, select the appropriate letter to identify the transaction. 2. Determine account balances of the T accounts. Accounts containing a single entry only (such as Prepaid Insurance) do not need a balance. Cash Previous Check My Work Email Instructor Save and Exit Submit Assignment for Grading