Rose Inc. entered into the following transactions during April 2023: A. Select the appropriate journal entries for Rose Inc. from the dropdown list provided. April 1: Borrowed $407,000 from Regal Lane Bank by signing a note payable DR Cash $407,000; CR Notes April 15: Performed services for customers on account, $59,700, and for cash (received), $75,000 DR Accounts Receivable $59,7 = April 17: Rose Inc. paid $55,000 to its employees for their salaries DR Salaries Expense $55,000; April 19: Collected $9,000 from customers for services performed on April 15 [Select] April 20: Rose Inc. paid $3,300 for utilities used during April DR Utilities Expense $3,300; C April 21: Purchased land for $150,000 by paying $40,000 cash and obtaining a loan for the balance DR Land $150,000; CR Cash $ = B. What is the normal balance of a Dividends Declared Account? [Select]

Rose Inc. entered into the following transactions during April 2023: A. Select the appropriate journal entries for Rose inc. from the dropdown list provided. April 1: Borrowed $407.000 from Regal Lane Bank by signing a note payable April 15: Performed services for customers on account, $59,700, and for cash (received), $75,000 April 17: Rose Inc. paid $55,000 to its employees for their salaries April 19: Collected $9.000 from customers for services performed on April 15 April 20: Rose Inc. paid $3,300 for utilities used during April April 21: Purchased land for $150,000 by paying $40,000 cash and obtaining a loan for the balance B. What is the normal balance of a Dividends Declared Account