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help? Sysco Corporation, formed in 1969, is the largest global distributor of food service products, serving restaurants, hotels, schools, hospitals, and other institutions. The following

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Sysco Corporation, formed in 1969, is the largest global distributor of food service products, serving restaurants, hotels, schools, hospitals, and other institutions. The following summarized transactions are typlcal of those that occurred in a recent year (dollars are in millions). a. Purchased bulidings costing $458 and equipment costing $234 for cash. b. Borrowed $129 from a bank, signing a short-term note. c. Provided $54,771 in service to customers during the year, with $24,858 on account and the rest recelved in cash. d. Paid $123,774 cash on accounts payable. e. Purchased $39,283 of inventory on account. f. Paid payroll, $6,140 during the year. 9. Recelved $21,8,3 on account paid by customers. h. Purchased and used fuel of $1,750 in dellvery vehicles during the year (paid for in cash). 1. Declared $598 in dividends at the end of the year to be paid the following year. 1. Incurred $108 in utility usage during the year; paid $93 in cash and owed the rest on account. Required: For each of the transactions, prepare journal entries. 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 rather than in dollars (for example, 55 million should be entered as 55 rather than 55,000,000 ). For each of the transactions, prepare joumal entries. 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 rather than in dollars (for example, 55 million should be entered as 55 rather than 55,000,000 ). 1 Purchased buildings costing $458 and equipment costing $234 for cash. 2 Borrowed $129 from a bank, signing a short-term note. 3 Provided $54,771 in service to customers during the year, with $24,858 on account and the rest received in cash. 4 Paid $123,774 cash on accounts payable. View transaction list 5 Purchased $39,283 of inventory on account. 6 Paid payroll, $6,140 during the year. 7 Received $21,843 on account paid by customers. 8 Purchased and used fuel of $1,750 in delivery vehicles during the year (paid for in cash). 9 Declared $598 in dividends at the end of the year to be paid the following year. 10 Incurred $108 in utility usage during the year; paid $93 in cash and owed the rest on account. Note : = journal entry has been entered \begin{tabular}{|l|l|} \hline Record entry & Clear entry \\ \hline \end{tabular}

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