Problem: Shaun wilcox, an archetect, opened an office on April, 1 2006. During the month, he completed the following transactions connected with his professional practice:
a. trasferred cash from a personal bank acount to an account to be used for the business, 17,500
b. purchased used automobile for 15,300, paying 4,000 cash and giving a note payable for the remainder
c paid April rent for office and workroom, 2,200
d paid cash for supplies 660
e purchased office and computer equipment on account 5200
f paid cash for annual insurance policies on automobile and equipment, 1200
g received cash from a client for plans delivered, 3725
h paid cash to creditors on account 1,800
i paid cash for misc expense 235
j recieved invoice for blueprint service, due in May 650
k recorded fe earned on plans delievered, payment to be receieved in May, 3500
l paid salary for assistant 1,300
m paid cash for misc expenses 105
n paid installment due on not payable 200
o paid gas, oil and repairs on automoblile for april 115.0
Record the foregoing transactions directly in the following T accounts, without journalizing. To the left of each amount entered in the accounts, place the appropriate letter to identify the transaction. Then prepare a trial balance for Shaun Wilcox, Architect, as of April 30,2006