Learning Objective 2.5 LO 2.5) P.1. Beerbo has accounts with beginning balances as follows: Accounts Payable..... Accounts Receivable. .$2,000 .$4,500 Cash......... Common Stock. Dividends. Interest Expense. Land...... ..$26,000 ..$10,000 .$0 .$0 .$0 Notes Payable. $0 Retained Earnings. ..$18,500 Salaries Expense .$0 Service Revenue Supplies.. Supplies Expense. $0 .$0 99 $0 Utilities Expense .$0 Part 1: For each transaction below, record the appropriate journal entry that Beerbo must record. LO 2.5) 1.a. Beerbo borrows $45,000 cash from Local Bank. DR OR