Accounts for Bombay's Freeze World Cash in Bank Sewing Equipment Accounts Receivable Accounts Payable Sewing Supplies Gordon Bomay, Capital Gordon Bombay. Withdrawals Tailoring Fees Rent Expense 1 Prepare a T-Account for each account used by Bombay's Freeze World. Use the blank Accounts that follow. Only use the account titles provided in the ledger above!" 2 Analyze each transaction and record the transaction in the appropriate Accounts. 3 After recording all the transactions, compute the balance of each account. Indicate the normal balance side by writing "N.B." on the normal balance side of the account 4 Total all debit account balances and all credit balances and record in space provided. 1. 2. 3. 4. Gordon Bombay invested $14,000 cash in the business. Paid $700 rent for the month, Check 101. Purchased sewing equipment for $1,600, Check 102. Purchased sewing supplies, $200, on account from Joann's Craft Supply. Received $190 for alterations. Completed a large tailoring job and received $1,250 for services. Gordon Bombay withdrew $100 for personal use, Check 103. Performed tailoring work on account for $300. 5. 6. 7. 8