Question: This homework is multiple parts so if someone could help me out that would be great.. Thanks!! eztomheducation.com/ext/map/inde Yahoo Mail Chapter 2 Homework 3 Part

This homework is multiple parts so if someone could help me out that would be great.. Thanks!!
This homework is multiple parts so if someone could help me out
that would be great.. Thanks!! eztomheducation.com/ext/map/inde Yahoo Mail Chapter 2 Homework 3
Part 2 of 7 10 allot Piva Mc Graw Hil Zoom Canvas
Brightspace Google Docs YouTube Seved 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] Barnett Allen Interiors Incorporated is a leading manufacturer and
retailer of home furnishings in the United States and abroad. The following
is adapted from Barnett Allen's June 30, 2019, trial balance. (The amounts
shown represent millions of dollars) $ 143 Accounts Payable Accounts Receivable 32

eztomheducation.com/ext/map/inde Yahoo Mail Chapter 2 Homework 3 Part 2 of 7 10 allot Piva Mc Graw Hil Zoom Canvas Brightspace Google Docs YouTube Seved 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] Barnett Allen Interiors Incorporated is a leading manufacturer and retailer of home furnishings in the United States and abroad. The following is adapted from Barnett Allen's June 30, 2019, trial balance. (The amounts shown represent millions of dollars) $ 143 Accounts Payable Accounts Receivable 32 Cash 144 Common Stock Equipment 385 Inventory 100 245 Notes Payable (long-term) Notes Payable (short-tere) Prepaid Rent 1 16 Retained Earnings 397 42 salaries and ages Payable Software AS Assume that the following events occurred in the following quarter a. Paid $45 cash for additional inventory. b. Issued additional shares of common stock for $25 in cash c Purchased equipment for $230; paid $110 in cash and signed a note to pay the remaining $120 in two years d. Signed a short-term note to borrow $11 cash e Conducted negotiations to purchase a sawmilt, which is expected to cost $42 PA2-3 (Algo) Part 2 2. Analyze transactions (a)-(e) to determine their effects on the accounting equation (Enter any decreases to account balances with a minus sign. Enter your answers in millions (.e. 10,000,000 should be entered as 10).) 8 Help ho Mal QURA Savet & Paid $45 cash for additional inventory. bissued additional shares of common stock for $25 in cash. Purchased equipment for $230, paid $110 in cash and signed a note to pay the remaining $120 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 PA2-3 (Algo) Part 2 2. Analyze transactions (a)-(e) to determine their effects on the accounting equation (Enter any decreases to account balances with a minus sign. Enter your answers in millions (.e.. 10,000,000 should be entered as 101) look Assets Listes Stockbilder Equity Common Stock Cash Inventory Equipment = Notes Payable Dong-term Nates Payable (short-term) 3 mapter 2 Homework 3 Part 2 of 7 10 pors ME Mc CON bit 7 Q N PARER d e W S X 3 E D C 199 5 4 R F V B 1 3 K 9 O 9 Spany P 2 Homework Saved PA2-3 (Algo) Part 3 3 of 7 . 3. Record the transaction effects determined in part 2 using journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field. Enter your answers in millions (Le., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet 2 Homework Seved 5 PA2-3 (Algo) Part 4 4017 4. Summarize the journal entry effects from part 3 using T-accounts. Use the June 30, 2019, ending balances as the beginning balances for the July-September 2019 quarter. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) res Cash Accounts Receivable Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Inventory Prepaid Rent Beginning Balance Ending Balance Software Debit Beginning Balance Ending ance ebook P 124 M Grow Hin Debit Beginning Balance Ending Balance Debit Beginning Balance Ending Balanc Debit Equipment Accounts Payable Credit Credit CHOI 14017 Book Print Kenny Required information Ending Balance Beginning Balance Ending Balance M Graw MOR Accounts Payable Notes Payable (short-term) Debit Common Stock Debit Beginning Balance Ending Balance Debit Beginning Balance Ending Balance Credit Credit Credit H Book Pr Mc Graw FOR salaries and wages rayaole Software 42 85 Assume that the following events occurred in the following quarter. a. Paid $45 cash for additional inventory. b. Issued additional shares of common stock for $25 in cash. c. Purchased equipment for $230; paid $110 in cash and signed a note to pay the remaining $120 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 PA2-3 (Algo) Part 5 5. With respect to event (e), which of the following is correct? Multiple Choice It does involve exchange of cesh, goods or services It does not involve exchange of cash, goods or services apter 2 Homework 7 Part 6 of 7 10 points ellook Prot Saved PA2-3 (Algo) Part 6 6. Prepare a classified balance sheet at September 30, 2019, (Enter your answers in millions (.e., 10,000,000 should be entered as 10).) BARNETT ALLEN INTERIORS, INCORPORATED Balance Sheet (in millions of dollars) Next > 121 Mc Graw MUR ww 8 Part 7 of 7 10 points a Paid $45 cash for additional inventory. b. Issued additional shares of common stock for $25 in cash. c. Purchased equipment for $230, paid $110 in cash and signed a note to pay the remaining $120 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 PA2-3 (Algo) Part 7 7-a. Use your response to part 6 to calculate Barnett Allen's current ratio after the transactions Nsted in (a)-(e) eBook 7-b. Compare Ethan Allen's current ratio at June 30, 2019 with its current ratio after the transactions listed in (a)-(e), and indicate whether the transactions increased or decreased the company's ability to pay current liabilities Pret Complete this question by entering your answers in the tabs below. Reg 7A Req 78 Use your response to part 6 to calculate Barnett Allen's current ratio after the transactions listed in (a)-(e). (Round your answer to 2 decimal places.) Current ratio afer transactions (a)-(e) A Req 78 > 8 Next > 72F Chuy Mc Graw Hil 321 Tu Mc Graw Hill

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