5 1 points eBook Hint Print Reference E3-7 (Algo) Recording Journal Entries LO3-4 Sysco Corporation, formed in 1969, is the largest global distributor of food service products, serving over 500,000 restaurants, hotels, schools, hospitals, and other institutions. The following summarized transactions are typical of those that occurred in a recent year (dollars are in millions). a. Purchased buildings costing $462 and equipment costing $270 for cash. b. Borrowed $79 from a bank, signing a short-term note. c. Provided $53,871 in service to customers during the year, with $25,458 on account and the rest received in cash. d. Paid $124,674 cash on accounts payable. e. Purchased $36,883 of inventory on account. f. Paid payroll, $6,340 during the year. g. Received $21,943 on account paid by customers. h. Purchased and used fuel of $1,550 in delivery vehicles during the year (paid for in cash). L. Declared $698 in dividends at the end of the year to be paid the following year. J. Incurred $135 in utility usage during the year; paid $92 in cash and owed the rest on account. Required: For each of the transactions, prepare 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.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 10 > Purchased buildings costing $462 and equipment costing $270 for cash. Note: Enter debits before credits. Transaction a. General Journal Debit Credit Record entry View general journal Clear entry