ollowing are the transactions of Dennen, Inc., for the month of January. The effect of these transactions is not included in the begininng balances shown.

Borrowed $30,000 from a local bank.

Lent $10,000 to an affiliate; accepted a note due in one year.

Sold to investors 100 additional shares of stock with a par value of $0.10 per share and a market price of $5 per share; received cash.

Purchased $15,000 of equipment, paying $5,000 cash and signing a note for the rest due in one year.

Declared and paid $2,000 in dividends to stockholders.

Cash
Beg. bal. 900

Notes Receivable
Beg. bal. 1,000

Equipment
Beg. bal. 15,100

Notes Payable
	Beg. bal. 3,000

Common Stock
	Beg. bal. 1,000

Additional Paid-in Capital
	Beg. bal. 3,000

Retained Earnings
	Beg. bal. 10,000

Prepare a trial balance for Dennen, Inc., as of January 31.