B. Francis established Computer Wizards during November of this year. The accountant prepared the following chart of accounts:

Assets	Revenue
Cash	Income from Services
Supplies
Computer Software	Expenses
Office Equipment	Wages Expense
Neon Sign	Rent Expense
	Advertising Expense
Liabilities	Utilities Expense
Accounts Payable	Miscellaneous Expense
Owner's Equity
B. Francis, Capital
B. Francis, Drawing

The following transactions occurred during the month:

1. Francis deposited $59,000 in a bank account in the name of the business.
2. Paid the rent for the current month, $2,200, Ck. No. 2001.
3. Bought office desks and filing cabinets for cash, $860, Ck. No. 2002.
4. Bought a computer and printer (Office Equipment) from Cyber Center for use in the business, $3,160, paying $1,500 in cash and placing the balance on account, Ck. No. 2003.
5. Bought a neon sign on account from Signage Co., $1,450.
6. Francis invested her personal computer software with a fair market value of $770 in the business.
7. Received a bill from Country News for newspaper advertising, $570.
8. Sold services for cash, $1,395.
9. Received and paid the electric bill, $415, Ck. No. 2004.
10. Paid on account to Country News, a creditor, $425, Ck. No. 2005.
11. Sold services for cash, $1,810.
12. Paid wages to an employee, $1,055, Ck. No. 2006.
13. Received and paid the bill for the city business license, $96, Ck. No. 2007 (Miscellaneous Expense).
14. Francis withdrew cash for personal use, $1,010, Ck. No. 2008.
15. Bought printer paper and letterhead stationery on account from Office Aids, $126.

Required:

1. Correctly place the plus and minus signs for each T account and label the debit and credit sides of the accounts.
2. Record the transactions in T accounts. Record the amounts in the order given (letters 'a' through 'o').
3. Foot the T accounts and show the balances.