er 2 Basic Financial Statements During a short period after December 31, Maxx Trucking had the following transactions: 1. Bought office equipment at a cost of $2,600. Paid cash. 2. Collected $2,500 of accounts receivable. 3. Paid $2,000 of accounts payable. 4. Borrowed $5,000 from a bank. Signed a note payable for that amount. 5. Purchased three trucks for $60,000. Paid $5,000 cash and signed balance. 6. Sold additional stock to investors for $25,000. Instructions 2. note payable for the a. List the December 31 balances of assets, liabilities, and owners' equity in tabular form as shown above. b. Record the effects of each of the six transactions in the tabular arrangement illustrated above. Show the totals for all columns after each transaction. Jadar accounts of the business at June 30