AACSB Evaluation As part of the College of Business evaluation to evaluate your learning, will test your critical written and leanning assessment the folowing problem wilbe used tanding and knowledge of basic accounting transactions. This poble thinking, written communication skills and financial accounting Company had the foliowing transactions in September 2014 concepts 1. NOLA Seafood a 9/01 Issued capital stock for cash, $150,000 b. 09/03 Borrowed $40,000 from the bank on a note c. 09/04 Purchased kitchen equipment for $25,000 d. 09/05 Purchased a delivery truck for $ 20,000 e 09/06 Performed catering services for customers who promised to pay later, 16,000 09/15 Paid this month's rent on building for $ 5,000 E. 09/20 Collected $10,000 from services performed on 09/o6 h 09/26 Supplies were purchased on account for $5,000 . 09/30 Paid employee salaries, $6,000 Using the Chart of Accounts attached prepare journal entries for the abowe transactions. (Use the attached General sournal Form) Chart of Accounts Account # 100 110 120 130 200 210 300 Account Name Cash Accounts Receivable Kitchen Equipment Truck Accounts Payable Notes Payable Capital Stock Service Revenue Rent Expense Salary Expense Supply Expense 400 500 515 520