On July 1, 2022, Marin plc made two sales.

1.It sold land having a fair value of 902,220 in exchange for a 4-year, zero-interest-bearing promissory note in the face amount of 1,419,656. The land is carried on Marin's books at a cost of 590,900.

2.It rendered services in exchange for a 3%, 8-year promissory note having a face value of 402,150 (interest payable annually).

Marin recently had to pay 8% interest for money that it borrowed from British National Bank. The customers in these two transactions have credit ratings that require them to borrow money at 12% interest.

Record the two journal entries that should be recorded by Marin plc for the sales transactions above that took place on July 1, 2022. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

the account names are alrady correct ,just need help with the value ,stick with given account name in the picture please thanks !

On July 1, 2022. Marin pic made two sales. 1 It sold and having a fair value of 902.220 in exchange for a 4-year, zero-interest-bearing promissory note in the face amount of E1.419.656. The land is carried on Marin's books at a cost of 590.000 It rendered services in exchange for a 3%. B-year promissory note having a face value of 402.150 (interest payable annually). 2 Marin recently had to pay 8% interest for money that it borrowed from British National Bank. The customers in these two transactions have credit ratings that require them to borrow money at 12% interest. Record the two journal entries that should be recorded by Marin plc for the sales transactions above that took place on July 1, 2022. (Round present value factor calculations to decimal places, es. 1.25124 and final answers to decimal places.es 5.275. no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when the amount Is entered. Do not Indent manually No. Date Account Titles and Explanation Debit Credit July 1 1 2022 2 July 1. 2022 was/ui/v2/assessment-player/index.html?launchid=8e1d4883 ate M Gmail D YouTube O Outlook Twitter Faceb of 15 e Account Titles and Explanation Notes Receivable Land Gain on Disposal of Land Notes Receivable Service Revenue k and Media counts On July 1, 2022. Marin pic made two sales. 1 It sold and having a fair value of 902.220 in exchange for a 4-year, zero-interest-bearing promissory note in the face amount of E1.419.656. The land is carried on Marin's books at a cost of 590.000 It rendered services in exchange for a 3%. B-year promissory note having a face value of 402.150 (interest payable annually). 2 Marin recently had to pay 8% interest for money that it borrowed from British National Bank. The customers in these two transactions have credit ratings that require them to borrow money at 12% interest. Record the two journal entries that should be recorded by Marin plc for the sales transactions above that took place on July 1, 2022. (Round present value factor calculations to decimal places, es. 1.25124 and final answers to decimal places.es 5.275. no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when the amount Is entered. Do not Indent manually No. Date Account Titles and Explanation Debit Credit July 1 1 2022 2 July 1. 2022 was/ui/v2/assessment-player/index.html?launchid=8e1d4883 ate M Gmail D YouTube O Outlook Twitter Faceb of 15 e Account Titles and Explanation Notes Receivable Land Gain on Disposal of Land Notes Receivable Service Revenue k and Media counts