Individual Exercice: During March, the business completed the following transactions: a. Borrowed $42,000 from the bank, with Calderon signing a note payable in the name of the business. b. Paid cash of $39,000 to a real estate company to acquire land. c. Performed service for a customer and received cash of $9,000. d. Purchased supplies on credit, $500. e. Performed customer service and earned revenue on account, $3500. f. Paid $1500 on account. g. Paid the following cash expenses: salaries, $2300; rent, $1,800; and interest, $600. h. Received $4,500 on account. i. Received a $500 utility bill that will be paid next month. j. Declared and paid dividend of $1700. Prepare for March: Accounting equation, T-account, Journal