Study Appendix 15B. The Eastside Tennis Club had the following transactions during June:

a. Collected $600 of dues that had been billed in May.

b. Sold an old computer for $150 cash and a promise to pay $200 in one month. The balance sheet value of the computer was $350.

c. Bought a postage meter on credit for $210.

d. Received the $200 promised in transaction b.

1. Set up T-accounts for the following accounts:

Cash

Dues Receivable

Accounts Receivable

Equipment

Accounts Payable

2. Make entries for each of the four transactions into the T-accounts. Label each entry a, b, c, or d.