Cara Flannagan started a business on May 1, 20-, Analyze the following transactions for the first month of business using T accounts. Label each T account with the vitle of the account affected and then place the transaction letter and the dollar amount on the debit or credit side. a. Invested cash in the business, $2,100. b. Bought equipment for cash, $500. c. Bought equipment on account, $800. d. Paid cash on account for equipment purchased in transaction (c), $300. e. Withdrew cash for personal use, $700. Cash Equipment Accounts Payable Ciara Flannagan, Capital Ciara Flannagan, Drawing