Question: Need help with this question please follow all the steps a - e please Following are the transactions of JonesSpa Corporation, for the month of
Need help with this question please follow all the steps ae please
Following are the transactions of JonesSpa Corporation, for the month of January.
a Borrowed $ from a local bank; the loan is due in months.
b Lent $ to an affiliate; accepted a note due in one year.
c Sold to investors additional shares of stock with a par value of $ per share and a market price of $ per share; received
cash.
d Purchased $ of equipment, paying $ cash and signing a note for the rest due in one year.
e Declared $ in cash dividends to stockholders, to be paid in February.
For each of the above transactions, indicate the accounts and amounts. A sample is provided.
Note: Enter decreases to an element of the balance sheet with a minus sign.
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