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Following are the transactions of JonesSpa Corporation, for the month of January. a . Borrowed $ 2 5 , 5 0 0 from a local

Following are the transactions of JonesSpa Corporation, for the month of January.
a. Borrowed $25,500 from a local bank; the loan is due in 9 months.
b. Lent $7,100 to an affiliate; accepted a note due in one year.
c. Sold to investors 80 additional shares of stock with a par value of $0.10 per share and a market price of $10 per share; received
cash.
d. Purchased $23,000 of equipment, paying $5,100 cash and signing a note for the rest due in one year.
e. Declared $3,600 in cash dividends to stockholders, to be paid in February.
For each of the above transactions, indicate the accounts and amounts. A sample is provided.
Note: Enter decreases to an element of the balance sheet with a minus sign.
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