niversity ) Online and Onelogie 2-Chapter 2 Homework Assign. Help Seve& Exit Check my 3 The following are the transactions of Spotlighter, Inc., for the month of January a. Borrowed $4,140 from a local bank on a note due in six months. b. Received $4,830 cash from investors and issued common stock to them. e Purchased $1,400 in equipment, paying $400 cash and promising the rest on a note due in one yeer d Paid $500 cash for supplies. e. Bought and recelved $900 of supplies on account Post the effects to the appropriate T-accounts and determine ending account balances. Show a beginnin balance of zero.