Posting Transactions to T$-$accounts

During the year, the Decker Company experienced the following accounting transactions:

Issued common stock in the amount of $$220,000$

Paid a $$66,000$ cash dividend

Borrowed $$55,000$ from a bank

Made a principal payment of $$5,500$ on an outstanding bank loan

Made an interest payment of $$2,640$ on an outstanding bank loan

Prepare journal entries and post your transaction analysis to the appropriate T$-$accounts.

HINT: When posting the journal entries to the T$-$accounts, enter them in order.