please answer the following questions.

(journal entries)

1. On July 1, 2013. Avery Services issued a 4% long-term note payable for S10,000. It is payable over a 5-year term in $2,000 principal installments on July 1 of each year. Each yearly installment will include both principal repayment of $2,000 and interest payment for the preceding one-year period. Please provide the journal entry needed on July 1, 2014 when the first installment payment is made. (4 points) 2. Paris Company buys a building on a plot of land for S100,000, paying $20,000 cash and signing a 20-year mortgage note for $80,000 at 6%. An appraisal shows the value of the building to be $70,000 and the value of the land to be $30,000. Please provide the journal entry for the purchase. (4 points) ys a building on a plot of land for S100,000, paying $20,000 cash and signing a 20-year mortgage note for $80,000 at 6%. Monthly payments are S570. The first monthly payment was made in January, 2013. Please provide the journal entry for the first monthly payment. (3 points) 4. On January 1, 2014, Davie Services issued $20,000 of 8% bonds that mature in five years. They were sold at discount for a total of $19,000. Please provide the journal entry to issue the bonds. (3 points) 5. On January 1, 2014, Davie Services issued $20,000 of 8% bonds that mature in five years. They were sold at a premium, for a total of $20,750. Please provide the journal entry to issue the bonds. (3 points) 6. On January 2, 2014, Mahoney Sales issued $10,000 in bonds for $10,900. They were 5-year bonds with a stated rate of 4%, and pay semiannual interest payments. Mahoney Sales uses the straight-line method to amortize the bond premium. Please provide the joumal entry for the first interest payment to be made on June 30, 2014. (3 points) 7. On November 1, 2013, Archangel Services issued $200,000 of 10-year bonds with a stated rate of 3%. The bonds were sold at discount for $191,000, and make semiannual payments on April 30 and October 31. At December 31, 2013, Archangel made an adjusting entry to accrue interest at year-end. Please provide that entry. (3 points)