The following are the transactions of Spotlighter, Incorporated, for the month of January a. Borrowed $4.590 from a local bank on a note due in six months. b. Received $5.280 cash from investors and issued common stock to them. c Purchased $2,300 in equipment, paying $850 cash and promising the rest on a note due in one year. d. Paid $950 cash for supplies. e. Bought and received $1.350 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 a b Debit Beginning Balance d 4.500 850 950 5.280 Ending Balance 8.070 Ending Balance Equipment Accounts Payable Credit Credit Debit Beginning Balance Debit Beginning Balance Ending Balance Ending Balance Common Stock Notes Payable Ishort-term Debit Beginning Balance Credit 0 4.590 Debit Beginning Balance Credit 0 51280 Farine 4