Kimberly Manis, an architect, organized Manis Architects on January 1, 2016. During the month, Manis Architects completed the following transactions:

A.	Issued common stock to Kimberley Manis in exchange for $21,000.
B.	Paid January rent for office and workroom, $1,550.
C.	Purchased used automobile for $25,400, paying $5,500 cash and giving a note payable for the remainder.
D.	Purchased office and computer equipment on account, $4,900.
E.	Paid cash for supplies, $1,200.
F.	Paid cash for annual insurance policies, $3,200.
G.	Received cash from client for plans delivered, $13,700.
H.	Paid cash for miscellaneous expenses, $2,200.
I.	Paid cash to creditors on account, $4,600.
J.	Paid installment due on note payable, $600.
K.	Received invoice for blueprint service, due in February, $5,000.
L.	Recorded fees earned on plans delivered, payment to be received in February, $21,200.
M.	Paid salary of assistants, $3,500.
N.	Paid gas, oil, and repairs on automobile for January, $1,700.

	Required:
1.	Record these transactions directly in the following T accounts, without journalizing: 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. To the left of the 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.
3.	Prepare an unadjusted trial balance for Manis Architects as of January 31, 2016.
4.	Determine the net income or net loss for January. 1. Record these transactions directly in the following T accounts, without journalizing: 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. To the left of the 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 a. a. c. d. Bal. Accounts Receivable Supplies Prepaid Insurance Automobiles Equipment Notes Payable Bal. Accounts Payable Bal. Common Stock Professional Fees Bal. Salary Expense Blueprint Expense Miscellaneous Expense 3. Prepare an unadjusted trial balance for Manis Architects as of January 31, 2016. Manis Architects UNADJUSTED TRIAL BALANCE January 31, 2016 ACCOUNT TITLE DEBIT CREDIT 1 Cash 2 Accounts Receivable 3 Supplies 4 Prepaid Insurance 5 Automobiles 6 Equipment 7 Notes Payable 8 Accounts Payable 9 Common Stock 10 Professional Fees 11 Salary Expense 12 Blueprint Expense 13 Rent Expense 14 Automobile Expense 15 Miscellaneous Expense 16 Totals 4. Determine the net income or net loss for January.