Thanks!

The following are the transactions of Spotlighter Incorporated, for the month of January a Borrowed $3.990 from a local bank on a note due in six months b. Received $4,680 cash from Investors and issued common stock to them c. Purchased $1100 in equipment paying $250 cash and promising the rest on a note due in one year d. Paid $350 cash for supplies. e Bought and received $750 of supplies on account Required: Prepare journal entries for each transaction (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction ist Journal entry worksheet 2 5 Borrowed $3,990 from a local bank on a note due in six months. Record the transaction Note: Enter debits before credits Transaction General Journal Debit Credit