eBook Print Item Transaction Analysis Linda Kipp 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 title 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, $5,000. b. Bought equipment for cash, $700. c. Bought equipment on account, $600. d. Paid cash on account for equipment purchased in transaction (c), $400. e. Withdrew cash for personal use, $900. Check My Work Cash Equipment Accounts Payable Linda Vinn Canital Previous Next