Creating T-accounts for the following transactions:

The business received cash of $45,000 and a building with a fair value of $110,000. The corporation issued common stock to the stockholders. Borrowed $58,000 from the bank signed a note payable Paid $46,000 for music equipment Purchased supplies on account, $590. Paid employees' salaries, $5, 500. Received $3, 720 for music services performed for customers Performed services for customers on account, $12, 500. h. Paid $150 of the account payable created in transaction d i. Received a(n) $800 bill for utility expense that will be paid in the near future j. Received cash on account, $1,000 k. Paid the following cash expenses: (1) rent, $1, 400; (2) advertising, $300