Written assignment $1($Ch $2$ Journal Entries$)$

Ogg Company engages in the following external transactions for November.

$11/2$ Borrow $$22,300$ from PNC bank by signing a note.

$11/10$ Provide services to customers and receive cash of $$5,000.$

$11/12$ Pay interest $$200$ to PNC Bank.

$11/31$ Pay employee salaries of $$2,500$ for the current month.

Requirement $1$: Analyze the transaction and write down the impact of each transaction on items in the balance sheet, income statement and

cash flow statement.