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nts eBook) The following are the transactions of Spotlighter, Inc., for the month of January. a. Borrowed $3,940 from a local bank on a

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nts eBook) The following are the transactions of Spotlighter, Inc., for the month of January. a. Borrowed $3,940 from a local bank on a note due in six months. b. Received $4,630 cash from investors and issued common stock to them. c. Purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year. d. Paid $300 cash for supplies. e. Bought and received $700 of supplies on account. Prepare a classified balance sheet for Spotlighter, Inc., as of January 31. Print O eferences SPOTLIGHTER INC. Balance Sheet

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