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Help Save BMW Group, headquartered in Munich, Germany, manufactures several automotive brands, including BMW, MINI, and Rolls-Royce. Financial information is reported in euros (). using

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Help Save BMW Group, headquartered in Munich, Germany, manufactures several automotive brands, including BMW, MINI, and Rolls-Royce. Financial information is reported in euros (). using IFRS as applicable to the European Union. The following transactions were adapted from the annual report of the BMW Group: amounts are in millions of euros: a. Declared 2,126 in dividends to be paid next month. b. Ordered 8,430 of equipment. c. Pald 2,232 in dividends declared in a prior month d. Borrowed 8,972 in cash from banks e. Sold equipment at its cost of 773 for cash. Received the equipment ordered in event (b), paying 5,853 in cash and signing a note for the balance. g. Purchased investments for 3,612 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.) journal entry required" ir View transaction list Journal entry worksheet 1 2 3 4 5 6 7 Record the declaration of 2,126 dividend to be paid next month. Note: Enter debits before credits. Transaction General Journal Debit Credit a Record entry Clear entry View general Journal 10 of 11 View transaction list Journal entry worksheet 1 3 4 5 6 7 Record the 8,430 order of equipment. Note: Enter debits before credits General Journal Debit Credit Transaction b. Record entry Clear entry View general journal View transaction list Journal entry worksheet View transaction list Journal entry worksheet 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.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 Record the sale of equipment for 773 in cash. Note: Enter debits before credits Transaction General Journal Debit Credit View general Journal clear entry Record entry Next > 10 of 11 !!! View transaction list Journal entry worksheet 1 2 3 4 5 5 6 G Record the purchase of investment at 3,612 in cash. Note: Enter debits before credits Transaction General Journal Debit Credit g Record entry Clear entry View general Journal

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