Your task is to complete the following Textbook Exercises:

Analyzing Business Trans M2-9 p.78

Journalising Business Transaction M2-10

Posting to T-Accounts M2-11

Prepare a Trial Balance based on M2-11

M2-9 Determining Financial Statement Effects of Several Transactions For each of the following transactions of Spotlighter, Inc.. for the month of January, indicate the accounts, amounts, and direction of the cffects on the accounting equation. A sample is provided. a. (Sample) Borrowed \$3,940 from a local bank on a nore due in six months. b. Received $4,630 cash from investors and issued common stock to them. c. Purchased $1,000 in equipment, piying $200 cash and promising the rest on a note due in one year. d. Paid $300 cash for supplies. c. Bought and received $700 of supplies on account. M2.10 Preparing Joumal Entries For each of the transactions in M2-9 (including the sample). write the journal entry wuing the format shown in this chapter (omit explanations). M2-11 Posting to T-Accounts For each of the transactions in M2-9 (including the sample). post the effects to the appropriate Thecounts and determine coding account balances. Show a beginning balance of rero