Eighth Investments, the began by issuing common stock for cash of $220,000. The company mediately purchased complement on account for $70.000 The following accounts of Eighth Investments, Ine have been opened for you: Cash Computer Equipment Accounts Payable, and Common Stock Record the first two transactions of the business directly in the T-accounts without using a journal 2. Show that total debits equal total credits 1. 1. The following T-accounts of Eighth Investments, Inc. have been opened for you: Cash, Computer Equipment Accounts Payable, and Common Stock Record the first two transactions of the business directly in the T-accounts without using a journal. Cash Computer Equipment Accounts Payable Common Stock 2. Show that total debitis equal total credits Compute the total debits and credits for the two transactions $ Total debits Total credits