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than Allen Interiors Inc. is a leading manufacturer and retailer of home furnishings in the United States and broad. The following is adapted from Ethan

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than Allen Interiors Inc. is a leading manufacturer and retailer of home furnishings in the United States and broad. The following is adapted from Ethan Allen's September 30, 2013, trial balance. (The amounts hown represent millions of dollars.) $121 13 106 21 290 142 150 Accounts Payable Accounts Receivable Cash Common Stock Equipment Inventories Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Short-term Investments Software 23 321 23 13 50 Assume that the following events occurred in the following quarter a. Paid $30 cash for additional inventory b. Issued additional shares of common stock for $20 in cash. c. Purchased equipment for $170: paid $80 in cash and signed a note to pay the remaining $90 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 538. (Enter your answers in millions but not in dollars) General Trial Balance Balance Sheet Analysis Current Ratio irement General Ledger Prepare the journal entries for transactions ()-e). If no entry is required for a transaction/event, select "No jour the first account field. View transaction list Journal entry worksheet Paid $30 cash for additional inventories. Record the transaction. er your answers in millions but not in dollars) GeneralT Trial Balance Balance Sheet Analysis Current Ratio equirement General Journal repare the journal entries for transactions (a)-(e). If no entry is required for a transaction/event, seledt he first account field. View transaction list Journal entry worksheet Paid $30 cash for additional inventories. Record the transaction. Note: Enter debits before credits. Date General Journal Debit Credit " Dec 31 Record entry Clear entry View general jounal Journal entry worksheet Issued additional shares of common stock for $20 in cash. Record the transaction. Note: Enter debits before credits Date General Journal Debt SCredit Dec 31 Record entry Clear entry View generat journal Journal entry worksheet Purchased equipment; paid $80 in cash and signed a note to pay the remaining $90 in two years. Record the transaction. Note: Enter debits before credits Credit Debit General Journal Date Dec 31 Record entry Clear entry View general journal 5 Signed a short-term note to borrow $10 cash. Record the transaction. Note: Enter debits before credits. Gredit Debit General Journal Date Deo 31 Record entry Clear entry View generai journal Journal entry worksheet 3 Conducted negotiations to purchase a sawmill, which is expected to cost $36. Record the transaction. Note: Enter debits before credits. Credit Debit General Journal Date Dec 31 Record entry Clear entry View general jounal

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