Required information PA2-3 (Algo) Recording Transactions (in a Journal and T-Accounts); Preparing and Interpreting the Balance Sheet [LO 2-1, LO 2-2, LO 2-3, LO 2-4, LO 2-5] [The following information applies to the questions displayed below] Julie's Allen Interiors Incorporated is a leading manufacturer and retailer of home furnishings in the United States and abroad. The following is adapted from Julie's Allen's June 30,2019, trial balance. (The amounts shown represent millions of dollars.) Assume that the following events occurred in the following quarter. a. Paid \\( \\$ 60 \\) cash for additional inventory. b. Issued additional shares of common stock for \\( \\$ 50 \\) in cash. c. Purchased equipment for \\( \\$ 180 \\), paid \\( \\$ 85 \\) in cash and signed a note to pay the remaining \\( \\$ 95 \\) in two years. d. Signed a short-term note to borrow \\( \\$ 10 \\) cash e. Conducted negotiations to purchase a sawmill, which is expected to cost \\( \\$ 40 \\). 3. Record the transaction effects determined in part 2 using journal entries. (If no entry is required for a tronsoction/event, select \"No Journal Entry Required\" in the first occount field. Enter your answers in millions (i.e., 10,000,000 should be entered os 10).) Journal entry worksheet \\[ \\begin{array}{lllll} 2 & 3 & 4 & 5 \\end{array} \\] Paid \\( \\$ 60 \\) cash for additional inventory, Record the transaction. Note: Enter debes befare credes. Journal entry worksheet Issued additional shares of common stock for \\( \\$ 50 \\) in cash. Record the transaction. Note: Enter debits before credits. Journal entry worksheet remaining \\( \\$ 95 \\) in two years. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Signed a short-term note to borrow \\( \\$ 10 \\) cash. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Conducted negotiations to purchase a sawmill, which is expected to cost \\( \\$ 40 \\). Record the transaction. Note: Enter debits before credits