a. Borrowed $24,000 from a local bank; the loan is due in 9 months. b. Lent $8,700 to an affliate; accepted a note due in one year. c. Sold to investors 90 additional shares of stock with a par value of $0.10 per share and a market price of $25 per share; received cash. d. Purchased $28,000 of equipment, paying $13,800 cash and signing a note for the rest due in one year. e. Declared $6,900 in cash dividends to stockhoiders, to be paid in February. Prepare the journal entry to record each of the above transactions for the month of January. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the receipt of the bank loan of $24,000. Nute: Enter debiss before erentis. Journal entry worksheet Record the $8,700 loan to an affiliate and the acceptance of a note due in one year. Note: Enter deblts before credits. Journal entry worksheet Record the sale of 90 additional shares with a par value $0.10 per share and a market price of $25 per share. Note: Enter debits before credits. Journal entry worksheet Record the $28,000 purchase of equipment with $13,800 cash and the rest on a note due in one year. Note: Enter debits before credits. Journal entry worksheet 1 Record the declaration of $6,900 in cash dividends to the stockholders. Note: Enter debits before credits