Seventh Investments, Inc. began by issuing ordinary shares for cash of $200,000. The company immediately purchased computer equipment on account for $120,000. business directly in the T-accounts without using a journal. 2. Show that total debits equal total credits. directly in the T-accounts without using a journal. (Use the first available cell to post transactions and leave unused cells blank.) 2. Show that total debits equal total credits. Compute the total debits and credits for the two transactions. Total debits \$ Total credits \$