the account increases or decreases and record each increase or decrease following the rules of debit and credit. Remember total debits should equal total credits in your entries. 2. Prepare T accounts, using the account titles in (1). Post (in chronological order) the journal entries to these accounts, selecting the appropriate letter to the left of each amount to identify the transactions. Determine the account balances, after all posting is complete. Accounts containing only a single entry do not need a balance.

equal total credits in your entries. 2. Prepare I accounts, using the account bties in (1). Post (in chronological order) the journal entries to these accounts, salecting the appropriate letter to the left of each amount to identify the transactions. Determine the account balances, after all posting is complete. Accounts containing only a single entry do not need a bolance