FMG Group, headquartered in Frankfurt, Germany, manufactures several automotive brands. Financial information is reported in the euro (C) 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 FMG Group; amounts are in millions of euros. a. Declared 1,422 in dividends to be paid next month. b. Ordered 2,185 of equipment. c. Paid 737 in dividends declared in prior months. d. Borrowed 5,085 in cash from banks. e. Sold equipment at its cost of 185 for cash. f. Received the equipment ordered in event (b), paying 2,000 in cash and signing a note for the balance. g. Purchased investments for 2,170 cash. Required: 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.) View transaction list 1 Record the declaration of 1,422 as dividends to be paid next month. 2 Record the ordering of equipment for 2,185. 3 Record the payment of 737 as dividends declared in prior months. 4 Record the 5,085 cash loan from bank. 5 Record the sale of equipment at its cost of 185 for cash. 6 Record the receipt of equipment purchased for C2,185 and paid for with 2,000 cash and a note for the balance. 7 Record the nurchase of investmente for 7 170 cash Credit next month. :X: 2 Record the ordering of equipment for 2,185. 3 Record the payment of 737 as dividends declad in prior months. 4 Record the 5,085 cash loan from bank. 5 Record the sale of equipment at its cost of 185 for cash. 6 Record the receipt of equipment purchased for 2,185 and paid for with 2,000 cash and a note for the balance. 7 Record the purchase of investments for 2,170 cash. Credit