Nike, Inc.. is one of the world'S leading manufacturers of athletic shoes and sports apparel. The following activitles Occurred during a recent year. The amounts are rounded to milions. except for par value. a. Purchased additional buildings for $303 and equipment for $1.202 paid $432 in cash and signed a long-term note for the rest b. Issued 10 shares of $1 par value common stock for $695 cash. c. Declared $1,159 in dividends to be paid in the following year d. Purchased additional short-term investments for $5,928 cash. e. Several Nike investors sold their own stock to other investors on the stock exchange for $7150. f Sold $2,423 in short-term investments for $2.423 in cash. Required: Prepare journal entries for the above transactions. (If no entry is required for a transactlon/event, select "No journel entry required" In the first account fleld. Enter your answers in milons.) View transaction list Journal entry worksheet 6 1 3 4 5 Record the purchase of additional buildings for $303 and equipment for $1,202 paid $432 cash and a long-term note for the rest. Note: Enter debits before credits. Transaction Debit Credit General Journal View general journal Record entry Clear entry Nike, Inc., is one of the world's leading manufacturers of athletic shoes and sports apparel The following activities occurred during a recent year. The amounts are rounded to millions, except for par value. a. Purchased additional buildings for $303 and equipment for $1,202; paid $432 in cash and signed a long-term note for the rest b. Issued 10 shares of $1 par value common stock for $695 cash. c. Declared $1,159 in dividends to be paid in the following year. d. Purchased additional short-term investments for $5,928 cash e. Several Nike investors soid their own stock to other investors on the stock exchange for $7.150. f Sold $2,423 in short-term investments for $2,423 in cash. Required: Prepare journal entries for the above transactions. (If no entry Is requlred for a transaction/event, select "No journal s entry requlred" in the first account fleld. Enter your answers In millons.) View transaction list Journal entry worksheet 3 6 4 5 Record the issue 10 shares of $1 par value common stock for $695 cash. Note: Enter debits before credits. Debit Credit Transaction General Journal b View general journal Clear entry Record entry Nike, Inc., is one of the world's leading manufacturers of athletic shoes and sports apparei. The following activities occurred during a recent year. The amounts are rounded to millions, except for par value a. Purchased additional buildings for $303 and equipment for $1,202 paid $432 in cash and signed a long-term note for the rest. b. Issued 10 shares of $1 par value common stock for $695 cash c. Declared $1,159 in dividends to be paid in the folowing year d. Purchased additional short-term investments for $5,928 cash e. Several Nike investors sold their own stock to other investors on the stock exchange for $7150. f Sold $2,423 in short-term investments for $2,423 in cash. Required: Prepare journal entries for the above transactions. (If no entry Is required for a transaction/event select "No Journal entry required" In the first account fleld. Enter your answers In millons.) View transaction list Journal entry worksheet