(A.) Record the above transactions directly in the T accounts below. Identify each entry in a T account with the letter shown for the transaction. This exercise does not call for the use of a journal. (B.) Prepare a trial balance at July 31. 1) Recording transactions in general journal Enter the following transactions in the two-column journal of Baumann Bathrooms. Include a brief explanation of the transaction as part of each journal entry. Mar1 Borrowed $90,000 cash from the bank by signing a 90-day note payable. Issued an additional 5,000 shares of capital stock in exchange for $40,000 cash Purchased an adjacent vacant lot for use as parking space. The price was $70,000, of which $30,000 was paid in cash; a note payable was issued for the balance. Acquired shop equipment from Elite Baths for $5,400 cash. Collected an account receivable of $2,900 from a customer, Beekman Art Shoppe Issued a check for $1,060 in full payment of an account payable to Austin Industries, Inc. 8 9 - Page Break 2) Recording transactions directly in T accounts; trial balance On July 20, Mollie Rose began a new business called MR Printing, which provides typing, duplicating, and printing services. The following six transactions were completed by the business during July. (a.) Issued to Rose 1,000 shares of capital stock in exchange for her investment of $200,000 cash. (b.) Purchased land and a small building for $450,000, paying $165,000 cash and signing a note payable for the balance. The land was considered to be worth $240,000 and the building $210,000