$[$The following information applies to the questions displayed below.$]$

Griffin Service Company, Incorporated, was organized by Bennett Griffin and five other investors $($that is$,$ six in total$).$ The following activities occurred during the year:

a$.$ Received $$75,000$ cash from the six investors; each investor was issued $8,900$ shares of common stock with a par value of $$0\mathrm{.}10$ per share.

b$.$ Signed a five$-$year lease for $$157,500$ for the right to use a building each year.

c$.$ Purchased equipment for use in the business at a cost of $$23,000$; one$-$fourth was paid in cash and the company signed a note for the balance $($due in six months$).$

d$.$ Signed an agreement with a cleaning service to pay $$170$ per week for cleaning the corporate offices next year.

e$.$ Received an additional contribution from investors who provided $$3,500$ in cash and land valued at $$20,000$ in exchange for $1,500$ shares of stock in the company.

$f.$ Lent $$3,000$ to one of the investors, who signed a note due in six months.

g$.$ Bennett Griffin borrowed $$7,500$ for personal use from a local bank, signing a one$-$year note.

Required:

For each of the preceding transactions, record the effects of the transaction in the appropriate T$-$accounts.

$\backslash$table$[[$Cash$,,],[$Debit$,,],[$Beginning Balance,$0,$Credit$],[,$P$,]]$

$\backslash$table$[[$Notes Receivable$],[$Debit$,,],[$Beginning Balance,$0,,],[,,,]]$