abroad. The following is adapted from Edward Allen's September 30, 2016, trial balance. (The amounts shown represent millions of dollars.) Accounts Payable Accounts Receivable $ 132 30 Cash 140 30 Common Stock Equipment Inventory Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Software 375 176 235 32 389 40 75 Assume that the following events occurred in the following quarter a. Paid $35 cash for additional inventory b Issued additional shares of common stock for $15 in cash c Purchased equipment for $210; paid $100 in cash and signed a note to pay the remaining $110 in two years. d Signed a short-term note to borrow $15 cash. Journai entry worKsheet 2 5 Paid $35 cash cash for additional inventory. Record the transaction Note: Enter debits before credits Credit Transaction General Journal Debit Journai entry worksheet 1 2 3 5 4 Issued additional shares of common stock for $15 in cash. Record the transaction. Note: Enter debits before credits. Debit Credit General Journal Transaction Journai entry worksneet 2 4 Purchased equipment for $210; paid $100 in cash and signed a note to pay the remaining $110 in two years. Record the transaction. Note: Enter debits before credits Credit Debit General Journal Transaction Journai entrY worksneet 2 4 Signed a short-term note to borrow $15 cash. Record the transaction Note: Enter debits before credits. Debit Credit Transaction General Journal Journai entry worksneet 3 4 2 Conducted negotiations to purchase a sawmill, which is expected to cost $38 Record the transaction. Note: Enter debits before credits. Credit Debit General Journal Transaction