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2 Tristar Production Company began operations on September 1 2021 Listed below are a number of transactions that occurred during its first four months of

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2 Tristar Production Company began operations on September 1 2021 Listed below are a number of transactions that occurred during its first four months of operations. (EV 0:51. PV of 51. EVA of St. PVA of SL. EVAD of S1 and PVAD of S1) (Use appropriate factor(s) from the tables provided.) 2 boot 1. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $250.000 in cash for the property. According to appraisals, the land had a fair value of $178.200 and the building had a fair value of 591800 2. On September 1. Tristar signed a $55,000 noninterest-bearing note to purchase equipment. The $55,000 payment is due on September 1, 2022. Assume that 10% is a reasonable interest rate 3. On September 15, a truck was donated to the corporation. Similar trucks were selling for $4,000. 5. on October 10, Tristar purchased maintenance equipment for cash. The purchase price was $30,000 and $1.250 in treight charges 6. On December 2. Tristar acquired various items of office equipment. The company was short of cash and could not pay the $7,000 normal cash price. The supplier agreed to accept 200 shares of the company's no por common stock in exchange for the equipment. The fair value of the stock is not readily determinable. 7. On December 10, the company acquired a tract of land at a cost of $35.000. It paid $5.000 down and signed a 12% note with both principal and interest due in one year. Twelve percent is an appropriate rate of interest for this note. Required: Prepare journal entries to record each of the above transactions, (if no entry is required for a transaction/event, select "No journal entry required in the first account field. Round final answers to the nearest whole dollars)

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