Chapter 2 Homework Journal Entry Worksheet RICH mework 0 Help Save & Exit Journal entry worksheet Record the $15,000 purchase of equipment with $3,000 cash and the rest on accounts payable. Note: Enter debits before credits. Transaction General Journal Debit Credit View general journal Clear entry Record entry Chapter 2 Homework Entry Worksheet R... | Chegg.com mework Saved Help Save & Exit Submit E2-6 (Static) Recording Investing and Financing Activities LO2-4 The following events occurred for Johnson Company: a. Received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share. b. Purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable to the manufacturer c. Borrowed $10,000 cash from a bank. d. Loaned $800 to an employee who signed a note. e. Purchased $13,000 of land; paid $4,000 in cash and signed a note for the balance. Required: Prepare journal entries for the above transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list