2. Record the transaction effects determined in requirement 1 using a journal entry format. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Issued 3,980 shares for $398,000 cash. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal 2. Record the transaction effects determined in requirement 1 using a journal entry format. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list X > Issued 3,980 shares for $398,000 cash. 2 Borrowed $92,000 cash from a local bank, payable June 30, 2020. Bought a factory building for $184,000; paid $83,000 in cash and signed a three-year note for the balance. + Paid cash for equipment that cost $202,000 5 Purchased supplies for $30,300 on account. Credit Note - Journal entry has been entered Record entry Clear entry View generat journal