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519 ook Shake Shack Incorporated, which began as a hot dog stand in 2001, now has more than 200 locations worldwide. The following is adapted

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519 ook Shake Shack Incorporated, which began as a hot dog stand in 2001, now has more than 200 locations worldwide. The following is adapted from Shake Shack's financial statements for the quarter ended September 26, 2019. Dollars are reported in millions Accounts Payable $38 Accounts Receivable 14 Cash 29 Common Stock 255 Equipment 544 Intangible Assets 267 Inventory 2 Notes Payable (long-term) Notes Payable (short-term) 40 Prepaid Rent 6 Retained Earnings 46 Short-Term Investments 36 Required: Assume that the following events occurred in the following quarter, which ended September 30, 2019, a. Paid $10 cash for additional Intangible assets. b, issued additional shares of common stock for $50 in cash. c Purchased equipment, paid $30 in cash and signed additional long-term loans for $70. d. Paid $9 cash for accounts payable owed at September 26, ences Requirement General General Journal Ledger Trial Balance Balance Sheet Current Ratio Prepare the journal entries to record the transactions (a) through (e). (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field. Enter your answers in millions (1.0, 10,000,000 should be entered as 10).) Leer View transaction list View journal entry worksheet No Transaction General Journal 1 September 30 Cash Debit Credit

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