Heading 2 H Short Answers 21) Listed below is information related to several entry situations. Assume that the accounting year ends on December 31. 1. The company acquired land for $100,000 issuing a note payable. 2. Equipment is acquired for $30,000 cash. 3. Memberships were sold for $20,000, accepting accounts receivables. 4. Salaries of $15,000 were paid in cash. 5. Utilities were paid in cash in the amount of $5,000. Required: Record these entries using T-accounts. Use the number of the transaction in lieu of a date for identification purposes. 22) Listed below is information related to the accounts of Jasper Company. Case 1 cannnn cCase 1 Case 2 Case 3 $90.000 Case 3