Posting Transactions to T-accounts During the year, the Decker Company experienced the following accounting transactions: 1. Issued common stock in the amount of $150,000 2. Paid a $45,000 cash dividend 3. Borrowed $37,500 from a bank 4. Made a principal payment of $3,750 on an outstanding bank loan 5. Made an interest payment of $1,800 on an outstanding bank loan Prepare journal entries and post your transaction analysis to the appropriate T-accounts. 1. When posting the journal entries to the T-accounts, enter them in order. 2. For expenses and dividends, use "Retained earnings for the account. Ref. General Journal Description Debit Credit Cash Notes Payable Retained Earnings Common Stock