robin godin an architect opened an office on april 1 2015 during the month he comple 4373801

Robin Godin, an architect, opened an office on April 1, 2015. 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, $30,000. b. Paid April rent for office and workroom, $3,000. c. Paid cash for supplies, $1,450. d. Purchased office and computer equipment on account, $6,000. e. Decided to purchase insurance but could not choose between a $1,000 plan and a $1,200 plan. f. Received cash from a client for plans delivered, $7,500. g. Paid cash for miscellaneous expenses, $500. h. Received invoice for blueprint service, due in May, $1,000. i. Recorded fee earned on plans delivered, payment to be received in May, $5,200. Instructions 1. Record the above transactions directly in the following T accounts, without journalizing: Cash; Accounts Receivable; Supplies; Equipment; Accounts Payable; Robin Godin, Capital; Professional Fees; Rent Expense; Blueprint Expense; Miscellaneous Expense. To the left of each amount entered in the accounts, place the appropriate letter to identify the transaction. 2. Determine account balances of the T accounts. Accounts containing a single entry only (such as Supplies) do not need a balance. 3. Prepare an unadjusted trial balance as at April 30, 2015. View Solution:
Robin Godin an architect opened an office on April 1

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