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Alphabet Incorporated is the parent company for a collection of businesses-the largest of which is Google. The following activities were adapted from a recent annual
Alphabet Incorporated is the parent company for a collection of businesses-the largest of which is Google. The following activities were adapted from a recent annual report of Alphabet Incorporated Dollars are in millions; shares are as shown. a. Issued 7,000 shares of $0.001 par value stock for $202. b. Ordered $2,335 of equipment. c. Collected $1,420 cash on a note receivable. d. Borrowed $5,485 from banks, signing long-term notes. e. Sold short-term investments at their cost of $163. f. Received equipment ordered in (b); paid cash. g. Repurchased its common stock for $4,830 cash. h. Repaid $4,375 cash on bank borrowings (ignore interest). Required: Prepare journal entries for each transaction. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions of euros. View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Record the issued of 7,000 shares of $0.001 par value stock for $202. >
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