• Post the following transactions into the appropriate T accounts. select the Debit account first, then the Credit account. Deductions to account balances should be indicated by a minus sign
• 1. Hunter Thompson, an owner, made an additional investment of $21,500 in cash.
• 2. A firm purchased equipment for $8,900 in cash.
• 3. A firm sold some surplus office furniture for $1,750 in cash.
• 4. A firm purchased a computer for $2,600, to be paid in 60 days.
• 5. A firm purchased office equipment for $10,100 on credit. The amount is due in 60 days.
• 6. Nancy Fowler, owner of Fowler Travel Agency, withdrew $4,900 of her original cash investment.
• 7. A firm bought a delivery truck for $37,500 on credit; payment is due in 90 days.
• 8. A firm issued a check for $2,400 to a supplier in partial payment of an open account balance