The following events take place at Anaconda Accountants Inc.:

1. Supplies are ordered from vendors, who will deliver the supplies within the week.
2. Vendors deliver supplies on account, payment due in 30 days.
3. New computer system is ordered.
4. Old computer system is sold for cash.
5. Services are rendered to customers on account. The invoices are mailed and due in 30 days.
6. Cash received from customer payments is deposited in the bank night depository.
7. Employees are paid weekly paychecks.
8. Vendors noted in (2) are paid for the supplies delivered.

Required

Identify each event as internal (I) or external (E) and indicate whether each event would or would not be recorded in the accounts of the company. For each event that is to be recorded, identify the names of at least two accounts that would be affected.