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

a.Borrowed $24,500 from a local bank.

b.Lent $8,700 to an affiliate; accepted a note due in one year.

c.Sold to investors 60 additional shares of stock with a par value of $0.10 per share and a market price of $15 per share; received cash.

d.Purchased $23,000 of equipment, paying $5,800 cash and signing a note for the rest due in one year.

e.Declared and paid $3,800 in dividends to stockholders.

For each of the above transactions of Dennen, Inc., for the month of January, indicate the accounts, amounts, and direction of the effects (+ for increase and - for decrease) on the accounting equation. A sample is provided.

	Assets	=	Liabelities	+	Stockholders' Equity
a
b
c
d
e