Homework Help: accounting

Posted by Melissa on Tuesday, November 6, 2012 at 10:53am.

Analyze and record, in the form of T Accounts, Mr. James' transactions:
Jan 1: Amount invested in the business $10,000
Jan 7: Bought equipment for $500
Jan 9: Bought office furniture with $2,000 cash
Jan 10: Bought materials with $2,000 cash
Jan 17: Sold part of equipment for $200
Jan 18: Bought computer on credit for $1,000
Jan 19: Purchased office stationary for $100
Jan 25: Paid $700 cash toward computer purchased on credit

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