The items making up the balance sheet of Phillips Truck Rental at December 31 are listed below in tabular form. During a short period after December 31, Phillips Truck Rental had the following transactions. 1. Bought office equipment at a cost of $2,700. Paid cash. 2. Collected $4,000 of accounts receivable. 3. Paid $3,200 of accounts payable. 4. Borrowed $10,000 from a bank. Signed a note payable for that amount. 5. Purchased two trucks for $30,500. Paid $15,000 cash and signed a note payable for the balance. 6. Sold additional stock to investors for $85,000. Required: b. Record the effects of each of the six transactions in the preceding tabular arrangement. (Enter decreases to accounts as a negative.)