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Following are the transactions of Dennen, Inc., for the month of Janu a. Borrowed $30,000 from a local bank. b Lent $10,000 to an afillate;

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Following are the transactions of Dennen, Inc., for the month of Janu a. Borrowed $30,000 from a local bank. b Lent $10,000 to an afillate; accepted a note due in one year 100 additional shares of stock with a par value of $0.10 per share and a market price of $5 per share, reg s1soitherest oue in ore year celved cash d. Purchased $15,000 of equipment, paying $5,000 cash e. Deciared and paid $2,000 in dividends to stockholders. Prepare the journal entry to record each of the above transactions for the month of January. If no entry is required for a transaction'event, select "No journal entry required" in the first account field) Journal entry worksheet Record the receipt of the bank loan of $30,000 NoeEnter delbits before credsts Debit Record entry Clear entry View general ournal

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