1. & 2. Post the current year transactions to T-accounts for each of the accounts on the balance sheet. (Two items have been given in the cash T-account as examples). Investments (short-term) Beg. Bal. 3,9001 Beg. Bal. Cash 27,000 8,600(a) 5,300 (6) End. Bal. 3,900 Required information (The following information applies to the questions displayed below.) Jaguar Plastics Company has been operating for three years. At December 31 of last year, the accounting records reflected the following: End. Bal. 13,100 Accounts Receivable Beg. Bal. 4,300 Inventory 30,000 Beg. Bal. $19,000 2,000 5,600 End. Bal. 4,300 End. Bal 30,000 Notes Receivable (long-term) Beg. Bal. 1,700 Equipment 59,000 Beg. Bal Cash $ 27,000 Accounts payable Investments (short- term) 3,900 Accrued liabilities payable Accounts receivable 4,300 Notes payable (current) Inventory 30,000 Notes payable (noncurrent) Notes receivable 1,700 Common stock (long-term) Equipment 59,00 Additional paid in capital Factory building 107,000 Retained earnings Intangibles 4,500 41,000 10,200 End. Bal. 1.700 End. Bal. 59,000 91,800 67,800 Factory Building 107.000 Intangibles 4,500 Beg. Bal. Beg. Bal. During the current year, the company had the following summarized activities: End. Bal. 107,000 End. Bal. 4,500 Accounts Payable 19,000 Accrued Liabilities Payable Beg. Bal. 2.000 Beg. Bal. a. Purchased short-term investments for $8,600 cash. b. Lent $5,300 to a supplier who signed a two-year note. c. Purchased equipment that cost $19,000; paid $4,400 cash and signed a one-year note for the balance d. Hired a new president at the end of the year. The contract was for $93,000 per year plus options to purchase company stock at a set price based on company performance. The new president begins her position on January 1 of next year. e. issued an additional 1,200 shares of $0.50 par value common stock for $12,000 cash. Borrowed $12,000 cash from a local bank, payable in three months. g. Purchased a patent (an intangible asset) for $1,900 cash. h. Built an addition to the factory for $26,000; paid $7.400 in cash and signed a three-year note for the balance. I. Returned defective equipment to the manufacturer, receiving a cash refund of $1,000. End. Bal. 19,000 End. Bal. 2.000 Notes payable (current) 5.600 Notes payable (noncurrent) Beg. Bal. 41,000 Beg. Bal. End. Bal 5,600 End. Bal. 41,000 Beg. Bal. Common Stock 10,200 Additional Paid-in Capital Beg. Bal 91,800 End. Bal. 10,200 End. Bal. 91,800 Retained Earnings 67,800 Beg. Bal. End. Bal. 67,800