Prepare journal entries to record the following transactions: a. Purchased land for $80,300 and a building for $320,300. The purchase is paid for with $60,300 cash and a note payable for $340,300 b. Paid $530 cash for an insurance premium covering the next 12 months. c. Completed services for a customer and immediately collected $1,030 cash. d. Paid $230 cash for supplies. e. Paid $430 cash for this period's utilities. Journal entry worksheet Purchased land for $80,300 and a building for $320,300. The purchase is paid for with $60,300 cash and a note payable for $340,300. Mote:-Enter debits beforc credits