BMW Group, headquartered in Munich, Germany, manufactures several automotive brands including BMW Group, MINI, and Rolls-Royce....

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BMW Group, headquartered in Munich, Germany, manufactures several automotive brands including BMW Group, MINI, and Rolls-Royce. Financial information is reported in the euro (€) monetary unit using International Financial Reporting Standards (IFRS) as applicable to the European Union. The following activities were adapted from the annual report of the BMW Group; amounts are in millions of euros. a. Declared €1,473 in dividends to be paid next month. b. Ordered €2,325 of equipment. c. Paid €747 in dividends declared in prior months. d. Borrowed €4,765 in cash from banks. e. Sold equipment at its cost of €109 for cash. f. Received the equipment ordered in event (b), paying €2,216 in cash and signing a note for the balance. g. Purchased investments for €2,250 cash. Required: Prepare journal entries for each transaction. (If no entry View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debits before credits. Record entry 5 Record the declaration of €1,473 as dividends to be paid next month. General Journal 6 Clear entry required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers 7 Debit Credit View general journal > millions of euros.) 1 Record the declaration of €1,473 as dividends to be paid next month. 2 Record the ordering of equipment for €2,325. 3 Record the payment of €747 as dividends declared in prior months. 4 Record the €4,765 cash loan from bank. 5 Record the sale of equipment at its cost of €109 for cash. 6 Record the receipt of equipment purchased for €2,325 and paid for with €2,216 cash and a note for the balance. Note -journal entry has been entered X ... 2 Record the ordering of equipment for €2,325. 3 Record the payment of €747 as dividends declared in prior months. 4 5 next month. 6 7 Record the €4,765 cash loan from bank. Record the sale of equipment at its cost of €109 for cash. Record the receipt of equipment purchased for €2,325 and paid for with €2,216 cash and a note for the balance. Record the purchase of investments for €2,250 cash. Note : = journal entry has been entered X BMW Group, headquartered in Munich, Germany, manufactures several automotive brands including BMW Group, MINI, and Rolls-Royce. Financial information is reported in the euro (€) monetary unit using International Financial Reporting Standards (IFRS) as applicable to the European Union. The following activities were adapted from the annual report of the BMW Group; amounts are in millions of euros. a. Declared €1,473 in dividends to be paid next month. b. Ordered €2,325 of equipment. c. Paid €747 in dividends declared in prior months. d. Borrowed €4,765 in cash from banks. e. Sold equipment at its cost of €109 for cash. f. Received the equipment ordered in event (b), paying €2,216 in cash and signing a note for the balance. g. Purchased investments for €2,250 cash. Required: Prepare journal entries for each transaction. (If no entry View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debits before credits. Record entry 5 Record the declaration of €1,473 as dividends to be paid next month. General Journal 6 Clear entry required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers 7 Debit Credit View general journal > millions of euros.) 1 Record the declaration of €1,473 as dividends to be paid next month. 2 Record the ordering of equipment for €2,325. 3 Record the payment of €747 as dividends declared in prior months. 4 Record the €4,765 cash loan from bank. 5 Record the sale of equipment at its cost of €109 for cash. 6 Record the receipt of equipment purchased for €2,325 and paid for with €2,216 cash and a note for the balance. Note -journal entry has been entered X ... 2 Record the ordering of equipment for €2,325. 3 Record the payment of €747 as dividends declared in prior months. 4 5 next month. 6 7 Record the €4,765 cash loan from bank. Record the sale of equipment at its cost of €109 for cash. Record the receipt of equipment purchased for €2,325 and paid for with €2,216 cash and a note for the balance. Record the purchase of investments for €2,250 cash. Note : = journal entry has been entered X

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A B Date a b d e f g C Retained Earnings Account Title C... View the full answer