Griffin Service Company, Incorporated, was organized by Bennett Griffin and five other investors (that is, six in total). The following activities occurred during the year:

Received $88,000 cash from the six investors; each investor was issued 10,200 shares of common stock with a par value of $0.20 per share.

Signed a five-year lease for $177,000 for the right to use a building each year.

Purchased equipment for use in the business at a cost of $36,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months).

Signed an agreement with a cleaning service to pay $300 per week for cleaning the corporate offices next year.

Received an additional contribution from investors who provided $4,800 in cash and land valued at $33,000 in exchange for 2,800 shares of stock in the company.

Lent $4,300 to one of the investors, who signed a note due in six months.

Bennett Griffin borrowed $8,800 for personal use from a local bank, signing a one-year note.

For each of the preceding transactions, record the effects of the transaction in the appropriate T-accounts.