Sysco Corporation, formed in 1969, is the largest global distributor of food service products, serving over 500,000 restaurants, hotels, schools, hospitals, and other institutions. The following summarized transactions are typical of those that occurred in a recent year (dollars are in millions). a. Purchased buildings costing $440 and equipment costing $246 for cash. b. Borrowed $99 from a bank, signing a short-term note, c. Provided $58,871 in service to customers during the year, with $22,258 on account and the rest received in cash. d. Paid $131,674 cash on accounts payable. e. Purchased $36.983 of inventory on account. f Paid payroll. $6,140 during the year. g. Received $24.243 on account paid by customers. h. Purchased and used fuel of $1.900 in delivery vehicles during the year (paid for in cash). 1. Declared $698 in dividends at the end of the year to be paid the following year J. Incurred $112 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 (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 3 2 5 4 1 7 6 8 9 > 10 Purchased buildings costing 5440 and equipment costing $246 for cash. Note: Enter debits before credits Transaction Debit General Journal Credit Record entry Clear entry View general Journal Required: For each of the transactions, prepare journal entries. (If no entry is required for a transaction/event, select "No required" in the first account field. Enter your answers in millions.) View transaction list Journal entry worksheet Borrowed 599 from a bank, signing a short-term note. Note Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal Required: For each of the transactions, prepare journal entries (If no entry is required for a transaction/event, select "No required" in the first account field. Enter your answers in millions.) View transaction list Journal entry worksheet 5 10 7 8 LO 9 4 3 1 2 Provided $58,871 in service to customers during the year, with $22,258 on account and the rest received in cash. Note: Enter debits before credits. Debit Credit Transaction General Journal c Record entry Clear entry View general journal . g. Received $24 243 on account paid by customers. h. Purchased and used fuel of $1,900 in delivery vehicles during the year (paid for in cast 1. Declared $698 in dividends at the end of the year to be paid the following year. J. Incurred $112 in utility usage during the year, paid $93 in cash and owed the rest on ac Required: For each of the transactions, prepare journal entries. (If no entry is required for a transactio required" in the first account field. Enter your answers in millions.) View transaction list Journal entry worksheet Paid $131,674 cash on accounts payable. Note: Enter debits before credits General Journal Debit Credit Transaction d Record entry Clear entry View general journal quired: each of the transactions, prepare journal entries. (If no entry is required for a transaction quired in the first account field. Enter your answers in millions.) View transaction list Journal entry worksheet Purchased $36,983 of inventory on account. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Required: For each of the transactions, prepare journal entries. (If no entry is required for a transaction/eve required" in the first account field. Enter your answers in millions.) View transaction list Journal entry worksheet Purchased and used fuel of $1,900 in delivery vehicles during the year (paid for in cash). Note: Enter debits before credits General Journal Debit Credit Transaction h Record entry Clear entry View general journal Required: For each of the transactions, prepare journal entries. (If no entry is required for a transaction/ew required" in the first account field. Enter your answers in millions.) View transaction list Journal entry worksheet Declared $698 in dividends at the end of the year to be paid the following year. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Required: For each of the transactions, prepare journal entries. (If no entry is required for a transaction/ev required" in the first account field. Enter your answers in millions.) View transaction list Journal entry worksheet
