Following are the transactions of Dennen, Inc., for the month of January 2015.

a.	Borrowed $30,000 from a local bank.
b.	Lent $10,000 to an affiliate; accepted a note due in one year.
c.	Sold 100 additional shares of stock with a par value of $0.10 per share to investors for $500 cash.
d.	Purchased $15,000 of equipment, paying $5,000 cash and signing a note for the rest due in one year.
e.	Declared and paid $2,000 in dividends to stockholders.

For each of the preceding transactions, record the effects of the transaction in the appropriate T-accounts and determine ending account balances. Beginning balances are provided.

Cash 900 Notes Receivable Beg. Bal Beg. Bal 1,000 End. Bal 1,000 End. Bal 900 Equipment 15,100 Notes Payable Beg. Bal Beg. Bal 3,000 End. Bal 15,100 End. Bal 3,000 Common Stock Additional Paid-in Capital Beg. Bal 1,000 Beg. Bal 3,000 End. Bal 1,000 End. Bal 3,000 Retained Earnings Beg. Bal 10,000 End. Bal 10,000