Journal entry worksheet Borrowed $4,740 from a local bank on a note due in six months. Record the transaction. Note: Enter debits before credits. Received $5,430 cash from investors and issued common stock to them. Record the transaction. Note: Enter debits before credits. Purchased $2,600 in equipment, paying $1,000 cash and promising the rest on a note due in one year. Record the transaction. Note: Enter debits before credits. Journal entry worksheet 12 Paid $1,100 cash for supplies. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Bought and received $1,500 of supplies on account. Record the transaction. Note: Enter debits before credits