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PA2-3 (Algo) Recording Transactions (in a Journal and T-Accounts): Preparing and Interpreting the Balance Sheet fLO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-5]

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PA2-3 (Algo) Recording Transactions (in a Journal and T-Accounts): Preparing and Interpreting the Balance Sheet fLO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-5] The following normabion applies to the questions displayed below/ Bamet Allen Interiers Incoporated is a leading manufactoret and retaler of home furnshings in the Unifed 5 tates and abeood. The following is adosted fecen Barnet Alter's June 30. 2019, thial balance. (The amounts shown represent mailions of doass) Assume that the following events occurted in the following quarter. a. Paid $45 cash for additional inventory. b. Issued additional shares of common stock for 540 in cash c. Purchased equipenent for $240, paid $15 in cesh and signed a note to pay the remainang $125 in two years. d. Signed a shortierm note to borow 510 cash e Conducted negotiations to purchase a sawmil. which is expecied to cost 328. Journal entry worksheet 1 2 3 4 Conducted negotiations to purchase a sawmili, which is expected to cost $28. Record the transaction. Nute: triter debats before credit. PA2-3 (Algo) Recording Transactions (in a Journal and T-Accounts): Preparing and Interpreting the Balance Sheet fLO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-5] The following normabion applies to the questions displayed below/ Bamet Allen Interiers Incoporated is a leading manufactoret and retaler of home furnshings in the Unifed 5 tates and abeood. The following is adosted fecen Barnet Alter's June 30. 2019, thial balance. (The amounts shown represent mailions of doass) Assume that the following events occurted in the following quarter. a. Paid $45 cash for additional inventory. b. Issued additional shares of common stock for 540 in cash c. Purchased equipenent for $240, paid $15 in cesh and signed a note to pay the remainang $125 in two years. d. Signed a shortierm note to borow 510 cash e Conducted negotiations to purchase a sawmil. which is expecied to cost 328. Journal entry worksheet 1 2 3 4 Conducted negotiations to purchase a sawmili, which is expected to cost $28. Record the transaction. Nute: triter debats before credit

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