Victoria, inc., is one of the world’s leading manufacturers of athletic shoes and sports apparel. the following activities occurred during a recent year. the amounts are rounded to millions, except for par value. purchased additional buildings for $174 and equipment for $260; paid $406 in cash and signed a long-term note for the rest. issued 80 shares of $2 par value common stock for $335 cash. declared $140 in dividends to be paid in the following year. purchased additional short-term investments for $7,616 cash. several victoria, inc., investors sold their own stock to other investors on the stock exchange for $90. sold $4,313 in short-term investments for $4,313 in cash. required: prepare journal entries for the above transactions. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in millions.)
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Victoria, inc., is one of the world’s leading manufacturers of athletic shoes and sports apparel. th...
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