Following are the transactions of Resort Corporation, for the month of January.

A) Borrowed $21,000 from a local bank; the loan is due in 9 months.

B) Lent $13,800 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 $25 per share; received cash.

D) Purchased $19,000 of equipment, paying $9,000 cash and signing a note for the rest due in one year.

E) Declared $8,100 in cash dividends to stockholders, to be paid in February.

Prepare the journal entry to record each of the above transactions for the month of January.

• A) Record the receipt of the bank loan of $21,000.
• B) Record the $13,800 loan to an affiliate and the acceptance of a note due in one year.
• C) Record the sale of 80 additional shares with a par value $0.10 per share and a market price of $25 per share.
• D) Record the $19,000 purchase of equipment with $9,000 cash and the rest on a note due in one year.
• E) Record the declaration of $8,100 in cash dividends to the stockholders.

Template Example is below:

\begin{tabular}{|c|c|c|c|} \hline Transaction & General Journal & Debit & Credit \\ \hlinea & & & \\ \hline & & & \\ \hline \end{tabular}