Question: 32 M2-11 Posting to T-Accounts (LO 2-3) 0.59 points The following are the transactions of Spotlighter Inc., for the month of January, a Borrowed $4,290
32 M2-11 Posting to T-Accounts (LO 2-3) 0.59 points The following are the transactions of Spotlighter Inc., for the month of January, a Borrowed $4,290 from a local bank on a note due in six months b Received $4.980 cash from investors and issued common stock to them, c. Purchased $1700 in equipment, paying $550 cash and promising the rest on a note due in one year d. Paid $650 cash for supplies. e Bought and received $1,050 of supplies on account. eBook Print Post the effects to the appropriate T-accounts and determine ending account balances Show a beginning balance of zero. Cash Supplies Heterences Bog Bal Beg Bal End. Bol End. Bal Equipment Accounts Payable Beg Bal Beg Bal End, Bal End, Bal Notes Payable (short-term) Common Stock Beg Bal Beg. Bal End Ral End Ral
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