Fourth Investments began by issuing common shares for cash of $130,000. The company immediately purchased computer equipment on account for $90,000 1. 2. The following T-accounts for the company have been opened for you: Cash, Computer Equipment, Accounts Payable, and Common Shares. Record the transactions directly in the T-accounts without using a journal. Show that total debits equal total credits. 1. The following T-accounts for the company have been opened for you: Cash, Computer Equipment, Accounts Payable, and Common Shares. Record the first two transactions of the business directly in the T-accounts without using a journal. (Use the first available cell to post transactions and leave unused cells blank.) Cash Computer Equipment Accounts Payable Common Shares 2. Show that total debits equal total credits. Compute the total debits and credits for the two transactions. Total debits Total credits