Jameson Corporation was organized on May 1. The following events occurred during the first month.
a. Received $70,000 cash and a building valued at $250,000 from the five investors who organized Jameson Corporation. Each investor received 100 shares of $10 par value common stock.
b. Ordered store fixtures costing $15,000.
c. Borrowed $18,000 cash and signed a note due in two years.
d. Purchased $11,000 of equipment, paying $1,500 in cash and signing a six-month note for the balance.
e. Lent $2,000 to an employee who signed a note to repay the loan in three months.
f. Received and paid for the store fixtures ordered in (b).

Required:
Prepare journal entries for transactions (a) through (f). Be sure to use good referencing and categorize each account as an asset (A), liability (L), or stockholders’ equity (SE) item. If a transaction does not require a journal entry, explain the reason.