The following are the transactions of Spotlighter, Incorporated, for the month of January a Borrowed $3,940 from a local bank on a note due in six months. b. Received $4.630 cash from investors and issued common stock to them c. Purchased $1,000 in equipment, paying $200 cash and promising the rest on a note due in one year. d. Paid $300 cash for supplies. e Bought and received $700 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 b. 3,940 4,630 1,000 a 200 800 b. 0 200 300 d Ending Balance 300 300 Ending Balance 8,070 Equipment Accounts Payable Credit Credit Debit Beginning Balance Debit Beginning Balance a b. Ending Balance 200 800 1,000 Ending Balance Common Stock Credit Credit Notes Payable (short-term) Debit Beginning Balance 3,940 800 Debit Beginning Balance a