O'Brien Construction had the following business activities: 1. Stockholders invest $50,000 cash in the corporation 2. O'Brien purchased $800 of office supplies on credit. 3. O'Brien purchased office equipment for $14,000, paying $5,000 in cash and signing a 30-day notes payable for the remainder. 4. O'Brien paid $400 cash on account for office supplies purchased in transaction 2 5. O'Brien purchased two acres of land for $20,000, signing a 2-year notes payable. 6. O'Brien sold one acre of land at one-half of the total cost of the two acres, receiving the full amount or $10,000 in cash. 7.O'Brien made a payment of $10,000 on its 2-year note. Required: Prepare the journal entries that would be used to record the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the entry for the purchase of office equipment for $14,000, paying $5,000 in cash and signing a 30-day note payable for the remainder. Note: Enter debits before credits. Transaction 3 General Journal Dobit Credit Equipment 14,000 Record entry Clear entry View general Journal View transaction list Journal entry worksheet () B D E F G > Record the entry for the payment of $400 cash on account for office supplies purchased in transaction 2. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry Vlow general Journal View transaction list Journal entry worksheet Record the entry for the purchase two acres of land for $20,000, signing a 2- year note payable. Note: Enter debits before credits. General Journal Debit Credit Transaction 5 Record entry Clear entry View general Journal View transaction list Journal entry worksheet