1. Record the following transactions directly in the T-accounts provided:
a. Del Martin invested $15,000 cash into his new business.
b. Purchased $2,000 of furniture on account.
c. Purchased $500 of furniture, paying cash.
d. Did $1,000 of work for a customer; collected cash.
e. Did $700 of work for a customer on account.
f. Paid $500 regarding (b).
g. Collected $300 regarding (e).
h. Did $400 of work for a client on credit.
2. Calculate the balance in each T-account and prove the accounting equation.

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Accounts Receivable 106 Cash 101 Furniture 161 Del Martin, Accounts Payable 201 Capital 301 Revenue 403