Prepare journal entries to record the following transactions. a. Purchased land for $80,300 and a bullding 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 45 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. Note: Enter debits before oredits