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The following are the transactions of Spotlighter, Incorporated, for the month of January a. Borrowed $4,790 from a local bank on a note due in six months b. Received $5,480 cash from investors and issued common stock to them c. Purchased $2,700 in equipment paying $1050 cash and promising the rest on a note due in one year d. Paid $1150 cash for supplies e. Bought and received $1,550 of supplies on account Required: Post the effects to the appropriate T-accounts and determine ending account balances. Show a beginning balance of zero. Cash Supplies Credit Credit Debit Beginning Balance Debit Beginning Balance Ending Balance Ending Balance Equipment Accounts Payable Debit Credit Credit Debit Beginning Balance Beginning Balance Ending Balance Ending Balance Notes Payable (short-term) Common Stock Common Stock Notes Payable (short-term) Debit Beginning Balance Credit Credit Debit Beginning Balance Ending Balance Ending Balance