During November of this year, D. A. Pomeroy established Pom¬
eroy’s Bakery. The following asset, liability, and owner’s equity accounts are included in the chart of accounts: Cash; Bakery Supplies; Baking Equipment;
Office Equipment; Truck; Accounts Payable; D. A. Pomeroy, Capital. During November, the following transactions occurred:

a. Pomeroy invested $24,200 in the business.

b. Bought used ovens for $5,264, paying cash.

c. Bought pans and other supplies for cash, $521.

d. Bought sugar, flour, and other supplies from Culinary Supply Company, with payment due in thirty days, $943.

e. Bought an electronic calculator, desk, and filing cabinet for cash, $612.

f. Bought a delivery truck for $9,200 from Ronson Automotive, paying $950 down; the balance is due in thirty days.
g. Paid $240 on account to Culinary Supply Company.
Instructions 1. Label the account titles under the appropriate headings in the fundamental accounting equation.
2. Correctly place the plus and minus signs for each T account, and label the debit and credit sides of the T account.
3. Record the amounts in the proper positions in the T accounts. Key each entry to the alphabetical symbol identifying the transaction.