For each of the business transactions listed below, you are to enter in the Workbook:

a the account name, with debit account first b if the account entry is a debit or credit c the chart of account group name; that is CA, NCA, CL, NCL, OE, R, E d if the entry is an increase or decrease to the account balance.

The business transactions are:

– received inventory on credit from supplier; periodic inventory applies

– received inventory on credit from supplier; perpetual inventory applies

– sold old computer at book value and received funds

– owner introduced more funds into the business

– wrote off a bad debt.