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L0 2 E15.15 On November 1, 2019, Phillips Corporation raised $2,382,041.19 by issuing a five-year, $3.500,000 noninterest-bearing note. The amortization table for the note follows.

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L0 2 E15.15 On November 1, 2019, Phillips Corporation raised $2,382,041.19 by issuing a five-year, $3.500,000 noninterest-bearing note. The amortization table for the note follows. Make the entries for the note from November I, 2019, to December 31, 2020. 1) E15.5 Make the entries for the following events of the Burns Corporation: A. Sold 3,000 shares of a $30 par value preferred stock for $102,000. B. Declared a two-for-one stock split on its $2 par value common stock. There are 1,600,000 shares of common stock authorized and 300.000 issued and outstanding

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