PART E: Record journal entries for each of the following transactions that occurred during scal 2000 (all amounts are in millions). W use the account titles from your existing taccounts. After preparing the journal entries, post them to the taccounts. 1] New sales of $2939.20 were made on account. The company also completed the earnings process for $5,151? of sales on prepaid contracts that had been previously recorded as current deferred revenues. The cost of all of the merchandise sold for the period was $13,023. 2] PropertyandempmentwasacquiredfoerSUE-cash. 3] The company issued $52? in new common stock and took out new long-term debt in the amount of $4,000