5 1 2 113 114 24bda Abdullali Chapter 3 (8 marks, 16 minutes) The following transactions during October 2020 for Ludacris & Lazer Analytics Ltd (LLA) are shown below. Prepare journal entnes, in proper format for each of the following transactions. If no entry is required, clearly indicate by writing "No Entry October 1 LLA obtained a bank loan of $100,000 from Standard Bank 2 October 3: LLA purchased $1,700 of office supplies on account from Cabello Stationers Ltd 3 October 5 LLA received $8,000 from Derulo Wealth Management for marketing analytic services to be provided in November 2020 4 October 7 LLA purchased land and building for a total cost of $400,000. The amount applicable to land is 25% of the total cost and the amount applicable to building is 75% of the total cost. The purchase was made by a 20% cash down payment and a mortgage was obtained for the remaining balance. 5 October 12 LLA provided 59,000 of marketing analytic services to Supreme Promotions who paid cash in the amount of $2.000 and agreed to pay the balance on November 12 6. October 31 LLA paid a total of $10,000 to Standard Bank which includes $600 of interest on the bank loan obtained on October 1. The remaining balance pertains to repayment of the bank loan, V For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). TTTF Paragraph Anal 3 (12pt) ET % DO T' T. anar Mashup RTHL 635