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Nike,Incorporated whith headquatrer in Beaverton, Oregon, is one of the world leading manufactures of athletic shoes and sports apparel. The following activities occurred during a
Nike,Incorporated whith headquatrer in Beaverton, Oregon, is one of the world leading manufactures 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 addtional building for $ and equipment for $: paid $ in cashand signed a long term note for the rest. b Issued shares of $ par value common stock for $ cash. c Declared $ in dividents to be paid in the following year. d Purchased additional short term investment for $ e Several nike investors sold their own stock to other investor on the stock exchange for $ f sold $ in short term investment for $ in cash. g Borrowed $ from a bank; signed a note due in years. h Repurchased its comon stock for $ in cash Required. For each of the events a through H perform transaction analysis and indicate the account and amounts. Check that the accounting equation remains in balance after each transaction Note: Enter decreases to an elements of the balance sheet with a minus sign. If no impact on the accounting equation leave cell blank. Enter your answer in millions, For Example, millions should be entered as rather than
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