Partially able to solve the problem.

Harrigan Service Company, Inc., was incorporated by Ian Harrigan and five other managers. The following activities occurred during the year:

Received $60,600 cash from the managers; each was issued 1,010 shares.

Purchased equipment for use in the business at a cost of $14,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months).

Signed an agreement with a cleaning service to pay it $150 per week for cleaning the corporate offices, beginning next week.

Ian Harrigan borrowed $10,500 for personal use from a local bank, signing a one-year note.

Required: 1. Create T-accounts for the following accounts: Cash, Equipment, Note Payable, and Contributed Capital. Beginning balances are zero. For each of the above transactions, record its effects in the appropriate T-accounts. Include referencing and totals for each T-account.

Required: 1. Create T-accounts for the following accounts: Cash, Equipment, Note Payable, and Contributed Capital. Beginning balances zero. For each of the above transactions, record its effects in the appropriate T-accounts. Include referencing and totals for ea account. Harrigan Service Company, Inc., was incorporated by lan Harrigan and five other managers. The following activities occurred during the year: a. Received $60,600 cash from the managers; each was issued 1,010 shares. b. Purchased equipment for use in the business at a cost of $14,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months). c. Signed an agreement with a cleaning service to pay it $150 per week for cleaning the corporate offices, beginning next week. d. lan Harrigan borrowed $10,500 for personal use from a local bank, signing a one-year note. Required: 1. Create T-accounts for the following accounts: Cash, Equipment, Note Payable, and Contributed Capital. Beginning balances are zero. For each of the above transactions, record its effects in the appropriate T-accounts. Include referencing and totals for each Taccount. Required: 1. Create T-accounts for the following accounts: Cash, Equipment, Note Payable, and Contributed Capital. Beginning balances zero. For each of the above transactions, record its effects in the appropriate T-accounts. Include referencing and totals for ea account. Harrigan Service Company, Inc., was incorporated by lan Harrigan and five other managers. The following activities occurred during the year: a. Received $60,600 cash from the managers; each was issued 1,010 shares. b. Purchased equipment for use in the business at a cost of $14,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months). c. Signed an agreement with a cleaning service to pay it $150 per week for cleaning the corporate offices, beginning next week. d. lan Harrigan borrowed $10,500 for personal use from a local bank, signing a one-year note. Required: 1. Create T-accounts for the following accounts: Cash, Equipment, Note Payable, and Contributed Capital. Beginning balances are zero. For each of the above transactions, record its effects in the appropriate T-accounts. Include referencing and totals for each Taccount