Jameson Corporation was organized on May 1. The following events occurred during the first month.

1. Received $69,000 cash from the five investors who organized Jameson Corporation. Each investor received 108 shares of $10 par value common stock.
2. Ordered store fixtures costing $15,000.
3. Borrowed $18,000 cash and signed a note due in two years.
4. Purchased $20,000 of equipment, paying $1,400 in cash and signing a six-month note for the balance.
5. Lent $1,200 to an employee who signed a note to repay the loan in three months.
6. Received and paid for the store fixtures ordered in (b).

Required:

Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)