(The following information applies to the questions displayed below. Trisha's Allen Interiors Incorporated is a leading manufacturer and retailer of home furnishings in the United States and abroad. The following is adapted from Trisha's Allen's June 30, 2019, trial balance. (The amounts shown represent millions of dollars.) $ 140 20 120 35 325 156 Accounts Payable Accounts Receivable Cash Common Stock Equipment Inventory Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Software 185 4 37 349 30 85 Assume that the following events occurred in the following quarter. a. Paid $20 cash for additional inventory. b. Issued additional shares of common sto for $15 in cash. c. Purchased equipment for $190; paid $90 in cash and signed a note to pay the remaining $100 in two years. d. Signed a short-term note to borrow $11 cash. e. Conducted negotiations to purchase a sawmill, which is expected to cost $42. ummarize the journal entry effects from part 3 using T-accounts. Use the June 30, 2019, ending balances as the beginning blances for the lul Contember 2019 quarter (Enter your answers in millionelia 10 on nn chould he antaradac 1011 Required information [The following information applies to the questions displayed below.) Trisha's Allen Interiors Incorporated is a leading manufacturer and retailer of home furnishings in the United States and abroad. The following is adapted from Trisha's Allen's June 30, 2019, trial balance. (The amounts shown represent millions of dollars. Accounts Payable Accounts Receivable Cash Common Stock Equipment Inventory Notes Payable (long-term) Notes Payable (short-term) Prepaid Rent Retained Earnings Salaries and Wages Payable Software $ 140 20 120 35 325 156 185 4 37 349 30 85 Assume that the following events occurred in the following quarter. a. Paid $20 cash for additional inventory. b. Issued additional shares of common stock for $15 in cash. c. Purchased equipment for $190; paid $90 in cash and signed a note to pay the remaining $100 in two years. d. Signed a short-term note to borrow $11 cash. e. Conducted negotiations to purchase a sawmill, which is expected to cost $42. ummarize the journal entry effects from part 3 using T-accounts. Use the June 30, 2019, ending balances as the beginning Required Information Cash Credit Debit Beginning Balance Accounts Receivable Debit Beginning Balance Credit Ending Balance Ending Balance Inventory Prepaid Rent Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Equipment Software Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Accounts Payable Salaries and Wages Payable Accounts Payable Credit Debit Beginning Balance Salaries and Wages Payable Debit Credit Beginning Balance Ending Balance Ending Balance Notes Payable (short-term) Debit Beginning Balance Credit Notes Payable (long-term) Debit Credit Beginning Balance Ending Balance Ending Balance Common Stock Retained Earnings Credit Credit Debit Beginning Balance Debit Beginning Balance Ending Balance Ending Balance