Question

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