FMG Group, headquartered in Frankfurt, Germany, manufactures several automotive brands. Financial information is reported in the 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 FMG Group; amounts are in millions of euros.

1. Declared 1,512 in dividends to be paid next month.
2. Ordered 2,405 of equipment.
3. Paid 617 in dividends declared in prior months.
4. Borrowed 4,955 in cash from banks.
5. Sold equipment at its cost of 183 for cash.
6. Received the equipment ordered in event (b), paying 2,222 in cash and signing a note for the balance.
7. Purchased investments for 2,180 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.)