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The following events pertain to Outdoor Entertainment Incorporated which specializes in hosting outdoor music fostivals across the nation: a. Borrowed $118,000 cash from a local

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The following events pertain to Outdoor Entertainment Incorporated which specializes in hosting outdoor music fostivals across the nation: a. Borrowed $118,000 cash from a local bank to assist in funding the next outdoor festival: b. Paid $34.000 cash for supplies rolated to the fostival. c. Recelved $159,000 cash for ticket sales related to the fostival d. Paid \$53,600 in cash for employee salaries. Required: Record each of the following Outdoor Entertainment Incorporated events in T-accounts Required: Record each of the following Outdoor Entertainment Incorporated events in T-accounts

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