e. Bought and received $1,350 of supplies on account Required: Post the effects to the appropriate T-accounts and determine ending account balances Show a beginning balance of zero. Cash Supplies Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Equipment Accounts Payable Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Notes Payable (short-term) Debit Beginning Balance Ending Balance Ending Balance Common Stock Credit Debit Credit Beginning Balance Ending Balance < Prev 6 of 12 www Next The following are the transactions of Spotlighter, Incorporated, for the month of January a Borrowed $4,590 from a local bank on a note due in six months. b Received $5.280 cash from investors and issued common stock to them. c. Purchased $2,300 in equipment, paying $850 cash and promising the rest on a note due in one year. d Paid $950 cash for supplies e Bought and received $1,350 of supplies on account Required: Post the effects to the appropriate T-accounts and determine ending account balances. Show a beginning balance of zero. Cash Supplies Debit Credit Debit Credit Beginning Balance Beginning Balance ces Ending Balance Ending Balance Equipment Debit Credit Accounts Payable all CERERE Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Notes Payable (short-term) Debit Common Stock Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Question 6-Ch.2