Posting Transactions to T-accounts During the year, the Decker Company experienced the following accounting transactions: 1. Issued common stock in the amount of $120,000 2. Paid a $36,000 cash dividend 3. Borrowed $30,000 from a bank 4. Made a principal payment of $3,000 on an outstanding bank loan 5. Made an interest payment of $1,440 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. General Journal Ref. Description Debit Credit 1. 0 0 0 0 0 0 2. O 0 0 0 0 0 1) . 0 4. 0 0 0 0 0 4 . 0 0 Cash Notes Payable O 0 0 0 0 D 0 Retained Earnings 0 0 Common Stock