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[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

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[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.) Accounts Payable Accounts Receivable Cash Comon Stock Equipment Inventory Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Software $ 136 19 118 33 320 154 180 3 35 345 29 80 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. 6. Prepare a classified balance sheet at September 30, 2019. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) JULIE'S ALLEN INTERIORS, INCORPORATED Balance Sheet At September 30, 2019 (in millions of dollars) Assets 0

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