$80,000 A Madrigal Industries, Inc. issued common stock in exchange for $80,000. Common Stock April 1st Cash $80,000 April 3 - Madrigal Industries, Inc. borrowed $50,000 from Albuquerque National Bank, signing a 7% note requiring interest and principal to be paid in six months April 1st Note Payable $50,000 Cash 550,000 F15 - Madrigal Industries, Inc. provided cowi TI 0 000 Ap83.Madrigal Industries, Inc. borrowed $50,000 from Albuquerque National Bank, spring a 7% note requiring interest and principal to be paid in six months April 1st Note Payable $50,000 > Cash $50.000 April 5 - Madrigal Industries, Inc. provided services for a customer on account for $37,000. The customer has 30 days to pay according to the sales invoice. April 5th Service Revenue $37,000 Unearned Revenue $37.000