3. Record the following transactions in the general journal provided below.

a. Sold 10 shares of stock for $5 each. The stock had a $1 per share par value.

b. Borrowed $100 from the bank at 8% annual interest.

c. Earned $30 of revenue by providing consulting services to a client on credit.

d. Paid $20 in cash for operating expenses.

e. Paid the annual interest on the bank loan (number 2 above) at year-end.

Trans.	Accounts	Debit	Credit
1.
2.
3.
4.
5.