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  3. the following transactions occurred at several different businesses and are...

Question: the following transactions occurred at several different businesses and are...

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The following transactions occurred at several different businesses and are not related. Post the following transactions into the appropriate T accounts. Transactions: 1. Hunter Thompson, an owner, made an additional investment of $21,000 in cash. 2. A firm purchased equipment for $10,000 in cash. 3. A firm sold some surplus office furniture for $1,700 in cash 4. A firm purchased a computer for $3,700, to be paid in 60 days. . A firm purchased office equipment for $11,200 on credit. The amount is due in 60 days. 6. Nancy Fowler, owner of Fowler Travel Agency, withdrew $6,000 of her original cash investment. 7. A firm bought a delivery truck for $37,000 on credit, payment is due in 90 days. 8. A firm issued a check for $3,500 to a supplier in partial payment of an open account balance. Analyze: Select the transactions that directly affected an owners equity account. T accounts normally do not have any minus signs. Use minus signs in this problem to demonstrate your understanding of decreases to account balances.Transactions Analyze 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 $21,000 in cash. 2. A firm purchased equipment for $10,000 in cash.3. A firm sold some surplus office furniture for $1,700 in cash. . A firm purchased a computer for $3,700, to be paid in 60 days 5. A firm purchased office equipment for $11,200 on credit. The amount is due in 60 days6. Nancy Fowler, owner of Fowler Travel Agency, withdrew $6,000 of her original cash investment. 7. A firm bought a delivery truck for $37,000 on credit, payment is due in 90 days. 8. A firm issued a check for $3,500 to a supplier in partial payment of an open account balance.Complete this question by entering your answers in the tabs below. Transactions Analyze Select the transactions that directly affected an owners equity account. (Select Yes if the transaction directly affected an owners equity account. Select No if it did not directly affect an owners equity account.) it did not directly affect anowners if the cnSelect Transaction 1 Transaction 2 Transaction 3 Transaction 4 Transaction 5 Transaction 6 Transaction 7 Transaction 8

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