M2-10 Preparing a Trial Balance LO2-5 Following are the transactions of Dennen, Inc., for the month of January. The effect of these transactions is not included in the beginning balances shown a. Borrowed $36,000 from a local bank. b. Lent $14,000 to an affiliate; accepted note due in one year c. Sold to investors 100 additional shares of stock with a par value of S0.10 per share and a market price of $7 per share; received cash d. Purchased $15,600 af equipment, paying $6,600 cash and signing a note for the rest due in ane year e. Declared and paid $3,100 in dividends to stockholders. Cash Notes Receivable Equipment Notes ble Common Stock bal, 9 Bea. hal. 4,700 Additional Paid-in Ca Retained Earn Beg. bal. 4,000 Deg. ba. 9,500 Prepare a trial balance for Dennen, Inc., as af January 31 NNEN, I Trial Balance JanuaryDebit Credit 13,900 recevable 32,400 payabl quipment steck l paid-in capital ned carnirgs s payable Total 48,300$