Required information E2-8 (Algo) Analyzing the Effects of Transactions in T-Accounts [LO 2-2, LO 2-3, LO 2-5] [The following information applies to the questions displayed below.] Mulkeen Service Company, Incorporated, was incorporated by Conor Mulkeen and five other managers. The following activities occurred during the year: a. Recelved $66,000 cash from the managers; each was issued 1,800 shares of common tock. b. Purchased equipment for use in the business at a cost of $13,800; 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 $115 per week for cleaning the corporate offices, beginning next year. d. Conor Mulkeen borrowed $24,000 for personal use from a local bank, signing a one-year note. 1. For each of the above transactions, record its effects in the appropriate T-accounts. Assume all beginning balances are ze