How should I journalize these entries?

Exercise 2 Journalize the following transactions. 1. On January 10, 2018, Escapist Inc. purchased a plot of la 50,000 note payable. In addition Escapist paid 11,400 to level the land and remove unwanted buildings, 3000 for property tax and 12,000 for fencing and lighting. By December 2018, the company had an office building erected at a cost of 525,0 the entries related to the purchase of the plant assets and identify those who are su depreciation. Assuming a useful life of 40 years and a scrap value of 2 provide a depreciation schedule for the first three years using th method and paying 2,500 cash plus a 0. Provide all bject to 5,000 for the building, e double declining balance Gamma Inc. offers warranties on all their electronic goods. Warranty expense is estimated at 1.5% of sales revenue. In 2017, Gamma had 1,150,000 of sales. In the same year, it paid out 19,000 of warranty payments. Journalize both the expense and the payment of the warranty 3. On January 1, 2018 Meccanotecnica Spa had a 42,000 in accounts Receivable and a 3,800 credit balance in Allowance for uncollectible accounts. In 2018, Meccanotecnica Spa sold on account for 860,000, collected on account 320,000, and recorded write-offs of uncollectible receivables for 2,000. The company records Uncollectible account expense at the end of the year using the aging-of-accounts method. The aging analysis produces a figure of 4,200 for the estimate of uncollectible accounts at end of year 4. Innotech Inc. decides to integrate this year's dividend by 50,000 awarding its shareholders 100 units of its newest products, carried in in the inventory at 115 each. The current selling price of the product is 250 per unit. 5. On July 31, 2017 Tecnomaterials SpA sold finished goods to a customer for 31,500 The customer signed a 10-month note at 6% yearly interest. On October 15, 2017, Tecnomaterials discounted the note to a bank at 9%. Provide all the entries related to the transactions, including the adjusting entries, if necessary, at the end of 20127 6. Crabtrree Inc. manufactures office furniture. The inventory of office desks at beginning of june is 65 units valued 225 each. During the year, the company manufactures 1,325 units with a total manufacturing cost of 298,125, sells 1,300 units for 380 each (assume LIFO), and uses 20 units for renovating the furniture in the company headquarters. the 7. Antex SpA issues 80000 shares of common stock (par value2) to acquire a patent. An independent appraiser determines that the value of the patent is 320,000. The patent has a legal life of 15 years remaining, and the company assigns it a useful life o residual value. After two years, an unexpected technological development leads to the determination of a recoverable amount of the patent of 198,000. f 10 years, no 8 t Gmbh trades an old piece of equipment for a commercial vehicle with a he equipment was bought five years ago for 62,000 and current market value of 75,000. was assigned a useful life of 8 years (residual value: 2,000): the company uses double- declining depreciation. In addition to trading in the old equipment, Elastoplast p pays the supplier of the vehicle 55,000 in cash