Shake Shack Incorporated, which began as a hot dog stand in 2001, now has more than 200 locations worldwide. The following is adapted from Shake Shack's financial statements for the quarter ended June 26. 2019. Dollars are reported in millions. Assume that the following events occurred in the following quarter, which ended September 26, 2019. a. Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in cash and signed additional long-term loans for $70. d. Paid $9 cash for accounts payable owed at September 26 . e. Conducted negotiations to purchase a farm, which is expected to cost $15. 3. Record the transaction effects determined in part 2 using journal entries. (If no entry ls requlred for a tronsectlon/event, Journol Entry Requlred" In the flrst occount fleld. Enter your answers In mIlllons (l.e., 10,000,000 should be entered os Journal entry worksheet Note: Enter debits before credits. Shake Shack Incorporated, which began as a hot dog stand in 2001, now has more than 200 locat The following is adapted from Shake Shack's financial statements for the quarter ended June 26. reported in millions. Assume that the following events occurred in the following quarter, which ended September 26, 2 a. Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in cash and signed additional long-term loans for $70. d. Paid $9 cash for accounts payable owed at September 26. e. Conducted negotiations to purchase a farm, which is expected to cost $15. 3. Record the transaction effects determined in part 2 using journal entries. (If no entry ls requlred for a Journal Entry Requlred" In the flrst occount fleld. Enter your answers In millions (l.e., 10,000,000 st Journal entry worksheet 5 Issued additional shares of common stock for $50 in cash. Record the transaction. Note: Enter debits before credits. Required information [The following information applles to the questions displayed below.] Shake Shack Incorporated, which began as a hot dog stand in 2001, now has more than 200 locations worldwide. The following is adapted from Shake Shack's financlal statements for the quarter ended June 26, 2019. Dollars are reported in millions. Assume that the following events occurred in the following quarter, which ended September 26, 2019. a. Paid $10 cash for additional Intangible assets. b. Issued addltional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in cash and signed additional long-term loans for $70. d. Pald $9 cash for accounts payable owed at September 26. e. Conducted negotlations to purchase a farm, which is expected to cost $15. 3. Record the transactlon effects determined in part 2 using journal entrles. (If no entry is required for a transactlon/event, select "No Journal Entry Required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Journal entry worksheet Note: Enter debits before credits. Shake Shack Incorporated, which began as a hot dog stand in 2001, now has more than 200 locations worldwide. The following is adapted from Shake Shack's financial statements for the quarter ended June 26. 2019. Dollars are reported in millions. Assume that the following events occurred in the following quarter, which ended September 26, 2019. a. Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in cash and signed additional long-term loans for $70. d. Paid $9 cash for accounts payable owed at September 26 . e. Conducted negotiations to purchase a farm, which is expected to cost $15. 3. Record the transaction effects determined in part 2 using journal entries. (If no entry ls requlred for a tronsectlon/event, Journol Entry Requlred" In the flrst occount fleld. Enter your answers In mIlllons (l.e., 10,000,000 should be entered os Journal entry worksheet Note: Enter debits before credits. Shake Shack Incorporated, which began as a hot dog stand in 2001, now has more than 200 locat The following is adapted from Shake Shack's financial statements for the quarter ended June 26. reported in millions. Assume that the following events occurred in the following quarter, which ended September 26, 2 a. Paid $10 cash for additional intangible assets. b. Issued additional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in cash and signed additional long-term loans for $70. d. Paid $9 cash for accounts payable owed at September 26. e. Conducted negotiations to purchase a farm, which is expected to cost $15. 3. Record the transaction effects determined in part 2 using journal entries. (If no entry ls requlred for a Journal Entry Requlred" In the flrst occount fleld. Enter your answers In millions (l.e., 10,000,000 st Journal entry worksheet 5 Issued additional shares of common stock for $50 in cash. Record the transaction. Note: Enter debits before credits. Required information [The following information applles to the questions displayed below.] Shake Shack Incorporated, which began as a hot dog stand in 2001, now has more than 200 locations worldwide. The following is adapted from Shake Shack's financlal statements for the quarter ended June 26, 2019. Dollars are reported in millions. Assume that the following events occurred in the following quarter, which ended September 26, 2019. a. Paid $10 cash for additional Intangible assets. b. Issued addltional shares of common stock for $50 in cash. c. Purchased equipment; paid $30 in cash and signed additional long-term loans for $70. d. Pald $9 cash for accounts payable owed at September 26. e. Conducted negotlations to purchase a farm, which is expected to cost $15. 3. Record the transactlon effects determined in part 2 using journal entrles. (If no entry is required for a transactlon/event, select "No Journal Entry Required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Journal entry worksheet Note: Enter debits before credits