Following are the transactions of Dennen, Inc., for the month of January 14 3.84/4 points awarded a. Borrowed $30,000 from a local bank. b. Lent $10,000 to an affiliate; accepted a note due in one year. c. Sold to investors 100 additional shares of stock with a par value of $0.10 per share and a market price of $5 per share: received 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. Scored 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. Beg Bal. (a) (c) Cash 900 30,000 500 Bog. Bal (b) Notes Receivable 1.000 10.000 00 10,000 (b) 5,000 (d) 2,000 (0) OOO End. Bal 11,000 AUTO End. Bal 14.400 Equipment 15,100 15,000 Beg Ba (a) Bog. Bal Notes Payable 3,000 30,000 (a) 10,000(d) > End. Bal 30,100 End. Bat 43,000 14 Equipment 15.100 15,000 Beg. Bal (d) Beg. Bal Notes Payable 3.000 30,000 10.000 (a) (d) oo 84/4 ints awarded Scored 30,100 End. Bal End. Bal. 43,000 Common Stock Beg. Bal Beg. Bal 1,000 500 (0) Additional Paid-in Capital 3.000 490 (C) End. Bal 1.500 End. Bal. 3.490 . AUTO Beg. Bat. (e) Retained Earnings 10.000 2,000 End. Bal 8,000 text is no response was expecte a lor formand calculation is incorrect no ponto deducted SS