Fifth Investments, Inc., began by issuing common stock for $230,000. The company immediately purchased computer equipment on account for $86000.

EQuestion Help Fifth Investments, Inc., began by issuing common stock for cash of $230,000. The company immediately purchased computer equipment on account for $86,000 1. The following T-accounts of Fifth 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 2. Show that total debits equal total credits. 1. The following T-accounts of Fifth 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 Enter any number in the edit nelds and then click Check Answer Clear All