Q3

Need this done asap. Thank you very much.

QUESTION 3 Record the transaction below. Shareholders' Equity Assets Liabilities Common Stock Retained Earnings Cap & Trade, Inc. borrowed $5,000 cash by issuing a one-month, 6% note. TO RECEIVE CREDIT FOR THE QUESTION, AN ANSWER MUST BE SELECTED FOR EACH COLUMN (ASSETS, LIABILITIES, COMMON STOCK, & RETAINED EARNINGS) EVEN IF THERE IS NO EFFECT. IF THERE IS NO EFFECT, SELECT "O NO EFFECT." - Assets - Liabilities - - Common Stock Retained Earnings w A. (5,000) Interest Expense B. (5,000) Cash C. (5,300) Note Payable D. (5,000) Sales E. 5,000 Cash 5,000 Sales 5,000 Interest Expense H. 5,000 Common Stock (5,000) Common Stock 5,000 Note Payable K. O No effect L. 5,300 Cash M. (5,000) Note Payable