Nike, Inc., with headquarters in Beaverton, Oregon, is one of the worldâs leading manufacturers of athletic shoes and sports apparel. The following activities occurred during a recent year. The amounts are rounded to millions.
a)Â Â Â Â Purchased additional buildings for $172 and equipment for $270; paid $432 in cash and signed a long-term note for the rest.
b)Â Â Â Â Issued 100 shares of $2 par value common stock for $345 cash.
c)Â Â Â Â Declared $145 in dividends to be paid in the following year.
d)Â Â Â Â Purchased additional short-term investments for $7,616 cash.
e)Â Â Â Â Several Nike investors sold their own stock to other investors on the stock exchange for $84.
f)Â Â Â Â Â Â Sold $4,313 in short-term investments for $4,313 cash.
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Prepare journal entries for the above transactions