Alisha Inc. operates an influencer business via YouTube. The following events are representative of those occurring during April:

April 1 - Paid wages to the cameraman for his work for the month of March $20,000 (in cash)

April 2 - Purchased a camera that cost $40,000; paid $20,000 cash and signed a promissory note to pay $20,000 in one month

April 10 - Borrowed $200,000 from TD Bank, and as a result, deposited $200,000 cash in the companys chequing account

April 12: Received an investment of $10,000 cash from an outside investor, in exchange for issuing shares

April 30: After signing for sponsorship contract, Alisha Inc. received $100,000 as an advance, to promote a product next month (in May).

Required: Prepare journal entries to record each transaction. Remember to do a small explanation note under each Journal Entry. Please indicate clearly a Debit (DR) and Credit (CR)

Example:

Date Account 1 XX DR

Account 2 XX CR

Explanation...................