3. Posting to T-Accounts For each of the transactions, post the effects to the appropriate T-accounts and determine ending account balances. Show a beginning balance of zero. a) Borrowed $3,940 from a local bank on a note due in six months. b) Received $4,630 cash from investors and issued common stock to them. c) Purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year. d) Paid $300 cash for supplies. e) Bought and received $700 of supplies on account. Labs Equity Accounts Payble Common Stock Cath A O 3.940 O. Begal Beg bol Regal 46.10 Erdal Endbal 4,610 Endbal Supplies Note Paves Deal Endbal LA) GO Endbal 4. Report a Classified Balance Sheet Given the transactions in the same problem, prepare a classified balance sheet for AA Corp as of January 31 AA Corp Balance Sheet Al January 31 Assets Current Assets: Llabilities Current Liabiles Total Current Assets Total Current Liables Stockholders' Equity Total Assets $10,070 Total Liabiles & Stockholders' Equity