Create T accounts for the following problem.

The following transactions took place at Tootsie's Counseling Services,
a business established by Tootsie Calhoun.

1. Tootsie Calhoun invested $48,000 cash in the business

2. Purchased office furniture for $15,000, paid $12,000 in cash; remainder is due in 30 days

3. Bought a computer for $925; payment is due in 30 days

4. Purchased a used bus for the business for $11,925 in cash

5. Tootsie invested an additional $8,700 in the business

6. Bought client tracking software for $2,100; payment is due in 60 days

7. Paid $925 to settle the amount owed on the computer

8. Tootsie withdrew $1,600 in cash for personal expenses