content area top Part 1 After operating for several months, architect Kyle Farnsworth completed the following transactions during the latter part of May: LOADING...(Click the icon to view the transactions.) Journalize the transactions of Kyle Farnsworth, Architect. Include an explanation with each journal entry. Question content area bottom Part 1 On May 15, Kyle Farnsworth borrowed $ 59 comma 000 from the bank, signing a note payable. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journal Entry Date Accounts and Explanations Debit Credit May 15 Accounts Payable 59000 Service Revenue 17000 10500 Service Revenue 10500 1300 Borrowed money from the bank