b. Describe the apparent transaction indicated by each line. (For example, line 2: Borrowed an amount, signing a note payable.) Note: Using the drop-down answer options, select the correct description for each transaction shown in the above table. Transaction (2) (3) (4) (5) (6) (7) (8) (9) (10) Borrowed an amount, signing a note payable. c. Show that assets equal liabilities plus stockholders' equity as of May 31. Note: Enter May 31 amounts below. Assets = Liabilities + Equity $ 0 = $ 0 + $ 0 Check