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BMW Group, headquartered in Munich. Germany, manufactures several automotive brands including BMW Group. MINI, and Rolls - Royce. Financial information is reported in the euro

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BMW Group, headquartered in Munich. Germany, manufactures several automotive brands including BMW Group. MINI, and Rolls - Royce. Financial information is reported in the euro (euro) monetary unit using International Financial Reporting Standards (IFRS) as applicable to the European Union. The following activities were adapted from the annual report of the BMW Group; amounts are in millions of euros. a. Declared euro 1, 476 in dividends to be paid next month. b. Ordered euro 2, 315 of equipment. c. Paid euro 670 in dividends declared in prior months. d. Borrowed euro 5.255 in cash from banks. e. Sold equipment at its cost of euro 85 for cash. f. Received the equipment ordered in event (b). paying euro 2, 230 in cash and signing a note for the balance. g. Purchased investments for euro 2, 250 cash. Prepare journal entries for each transaction. (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.)

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