please help!

1. Kamas and 5. Charner have been operating a catering business tor several years. In March, the partnets plan to expand by coponing a retail sales shop. They have decided to form the business as a corporation called Traveling Gourmet, Incorporated. The foliowing transactions occurred in March a. Pecelved $80.000 cash from each of the two shareholders to form the corporation, in addition to $2,000 in accounts receivabie. $5,300 in equipment, a van (equipmen) appraised at a fair value of $3,000, and $1,200 in wepoles. Gave the two owners eoch $00 shares of common stock with a par yolue of $1 per share. b. Purchased a vacant store for sale in a good location for $360.000, making a $72.000 cash dewn paymect and signing a 10 year mortoage note from a local bank for the rest. e. Borrowed 550.000 from the local bank on a 10 percent, one-yoar note. c. Purchased food and paper supples costing 10.200 in Marchi paid cash. e. Catered four parties in March for $4.200,$1.600 was blled and the rest was recelved in cash. f. Sold food of the retall store for $16,900 cash. 9. Used food and poper supplies costing $10.830. h. Recelved a $420 telephone bil for Morch to be paid in April. 1. Paid $363 in gas for the van in March. 1. Paid $6,280 in wages to employees who worked in March. L. Purchased $50,000 of equipment (refrigerated display cases, cobinets, tables, and chars) and renovated and decerated the new H. Paid a $300 dividend from the corporation to each owned. store for $20,000 (added to the cost of the buldingk paid cash. 2. Record in the T-accounts the effects of each transaction for Traveing Gourmet, incorporated, in Morch. Required: 8 11