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

a. $67,000 cash from the five investors who organized Nathanson Corporation. Each investor received 108 shares of $10 par value common stock.

b. Ordered store fixtures costing $18,000.

c.. Borrowed $17,000 cash and signed a note due in two years.

d. Purchased $19,000 of equipment, paying $1,300 in cash and signing a six-month note for the balance.

e. Lent $1,200 to an employee who signed a note to repay the loan in three months. 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.)