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The following events pertain to Outdoor Entertainment Incorporated which specializes in hosting outdoor music festivals across the nation: a . Borrowed $ 1 1 4

The following events pertain to Outdoor Entertainment Incorporated which specializes in hosting outdoor music festivals across the
nation:
a. Borrowed $114,000 cash from a local bank to assist in funding the next outdoor festival.
b. Paid $32,000 cash for supplies related to the festival.
c. Received $157,000 cash for ticket sales related to the festival.
d. Paid $52,800 in cash for employee salaries.
Required:
Record each of the following Outdoor Entertainment Incorporated events in T-accounts.
a.
b.
c.
c.
d.
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