Ch Required Information [The following information applies to the questions displayed below) Griffin Service Company, Inc., was organized by Bennett Griffin and five other investors. The following activities occurred during the year. a Received $80,000 cash from the six investors; each investor was issued 9,400 shares of common stock with a par value of $0.10 per share. b. Purchased equipment for use in the business at a cost of $28,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months). c. Signed an agreement with a cleaning service to pay $220 per week for cleaning the corporate offices next year. d. Received an additional contribution from investors who provided $4,000 in cash and land valued at $25,000 in exchange for 2,000 shares of stock in the company e. Lent $3,500 to one of the investors, who signed a note due in six months. f. Bennett Griffin borrowed $8,000 for personal use from a local bank, signing a one-year note. Required: 1. For each of the preceding transactions, record the effects of the transaction in the appropriate T-accounts. Notes Receivable Cash 0 Beg Bal Beg Bal 16 MacBook Air 80 000 000 F4 12 FB 69 1 # 3 $ 4 % 5 & 7 6 * oC A_21SPX w Physio Psychology Chap X Structure and Functions X 5 Question 6 - AC 211 - Qu X CM ducation.com/ext/map/index.html?_con-con&external_browser=0&launchurl=https%253A%252F%252Fnewconnec Seved Help Required: 1. For each of the preceding transactions, record the effects of the transaction in the appropriate T-accounts Cash 0 Notos Rocolvable Beg. Bal. Beg. Bal. 0 End. Bal. End. Bal Equipment 0 Land 0 Beg Bal Beg Bal End, Bal. End Bal Notes Payablo Common Stock Bog Bal Beg Bal End. Bal End. Bal 16 MacBook Air browser launch =https%253 Saved O Required information End. Bal. End. Bal. Notes Payable Common Stoc Beg. Bal. 0 Beg. Bal. End. Bal End. Bal. Additional Paid-in Capital 0 Beg. Bal End: Bal. C 16