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19653383 1516603841918 2.50 point E2-5 Determining Financial Statement Effects of Several Transactions [LO 2-1, LO 2-2, LO 2-5 NKE, Inc. with headquarers in Beaverton, Oregon,

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19653383 1516603841918 2.50 point E2-5 Determining Financial Statement Effects of Several Transactions [LO 2-1, LO 2-2, LO 2-5 NKE, Inc. with headquarers in Beaverton, Oregon, is one of the wolds leading manufacturers of anletc shoes and sports apparel. The following activisies occurred during a recent year The amounts are presented in milions of dollars a Purchased $218 in equipment; paid by signing a $5 long-term note and fuifiting the rest with cash b. bsued $21 in additional common stock for cash contributions made by stockholders c Several NIKE investors sold their own stock to other investors on the stock exchange for $110 per share of stock . For each of these events perform transaction analysis and indicate the account, amount (in millions), and direction of belance afher each trensaction (Enter any decreases to account balances with a minus sign. Enter the effect on the accounting equation. Check that What will be your response to transaction (e

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