Analyze the transactions and record in appropriate T Accounts for the following business transactions of Mr. Jack (15 Points) (1) Oct. 1: Invested $20,000 in the business. (2) Oct. 7: Bought equipment for $1,000. (3) Oct. 9: Bought office furniture fo

Analyze the transactions and record in
appropriate T Accounts for the following business transactions of Mr. Jack  (15 Points)

(1) Oct. 1: Invested $20,000 in the business.

(2) Oct. 7: Bought equipment for $1,000.

(3) Oct. 9: Bought office furniture for $1,500 on account.

(4) Oct. 10 Bought inventory for $2,000.

(5) Oct. 17 Sold part of equipment for $200.

(6) Oct. 18 Bought computer on account $1,000.

(7) Oct. 19 Purchased office stationary for $100.

(8) Oct. 25 Paid cash for computer purchased on credit $700.