Grief Exercise 2-30 (Algorithmic) Transaction Analysis Galle Inc. entered into the following transactions during January. a. Borrowed $50,000 from First Street Bank by signing a note payable. b. Purchased $25,000 of equipment for cash. c. Paid $1,500 to landlord for rent for lanuary. d. Performed services for customers on account, $10,000. e. Collected $3,000 from customers for services performed in Transaction d. f. Paid salaries of 57,500 for the current month. Required: Show the effect of each transaction using the following model. If an anvount box does not require an entry, leave the celis blank. Enter decreases in account values as negative numbers, If the effect of a transaction is to increase AND decrease the same itam. enter " 0 since the net effect on the item is zero