Question: hello, please help and solve this question. thank you. The following are the transactions of Spotightec, incorporated, for the month of January a Borrowed $4,840
The following are the transactions of Spotightec, incorporated, for the month of January a Borrowed $4,840 from a local bank on a note due in six months. b. Recelved $5.530 cash from jnvestors and issued common stock to them c. Purchased $2,800 in equipment, poying $1,100 cash and promising the rest on a note due in oneyeor d. Paid $1,200 cash for supplies e Bought and recelved $1,600 of supplies on occount. Requited: Post the effects to the appropriate T-accounts and determine ending account balances. Show a beginining balance of zero
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