E2-13 (Algo) Recording Journal Entries LO2-4 Jameson Corporation was organized on May 1. The following events occurred during the first month. a. Received $71,000 cash from the five investors who organized Jameson Corporation. Each investor received 103 shares of $10 par value common stock. b. Ordered store fixtures costing $11,000. c. Borrowed $12,000 cash and signed a note due in two years. d. Purchased $22,000 of equipment, paying $1,700 in cash and signing a six-month note for the balance. e. Lent $1,500 to an employee who signed a note to repay the loan in three months. Received and paid for the store fixtures ordered in (b). Required: Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet < 2 3 4 56 Record the receipt of $71,000 cash from five investors who each received 103 shares of $10 par value common stock. Note: Enter debits before credits Transaction General Journal Debit Credit