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:

– bad debt written off

– owner withdrew funds for private use

– purchased computer on credit – remittance processed for computer previously purchased on credit, discount was allowed – sale of goods on credit with periodic inventory – sale of goods on credit with perpetual inventory.