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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 $303 and equipment for $1,202: paid $432 in cashand signed a long term note for the rest. b. Issued 10 shares of $1 par value common stock for $885 cash. c. Declared $1,491 in dividents to be paid in the following year. d. Purchased additional short term investment for $2,426 e. Several nike investors sold their own stock to other investor on the stock exchange for $7,150. f. sold $2,379 in short term investment for $2,379 in cash. g. Borrowed $6,134 from a bank; signed a note due in 20 years. h. Repurchased its comon stock for $3,067 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, 5.5 millions should be entered as 5.5 rather than 5,500,000).

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