Thunder Graphics Desktop Publishing had the following transactions. A partial list of the accounts used to record and report business transactions appear below. 

Instructions 

On the forms provided in your working papers:

1. Prepare a T account for each account listed above.

2. Analyze and record each of the following business transactions in the appropriate T accounts. Identify each transaction by number.

3. After recording all transactions, compute and record the account balance and identify the normal side of each T account.

4. Add the balances of those accounts with normal debit balances.

5. Add the balances of those accounts with normal credit balances.

Transcribed Image Text:

101 Cash in Bank 110 Accounts Receivable- Roger McFall 125 Office Equipment 130 Office Furniture 135 Computer Equipment 201 Accounts Payable- Computer Warehouse, Inc. 205 Accounts Payable- Pro Computer Company Pamela Wong, Capital 301