a. b. C. d. e. f. g. h. i. j. k. The business received cash of $58,000 and a building with a fair value of $100,000. The corporation issued common stock to the stockholders. Borrowed $63,000 from the bank; signed a note payable. Paid $47,000 for music equipment. Purchased supplies on account, $280. Paid employees' salaries, $6,700. Received $4,500 for music services performed for customers. Performed services for customers on account, $12,900. Paid $100 of the account payable created in transaction d. Received a(n) $300 bill for utilities expense that will be paid in the near future. Received cash on account, $1,000. Paid the following cash expenses: (1) rent, $1,100; (2) advertising, $400.