Prepare the journal entry that each company should make to record the exchange under each of the following independent assumptions:1. The information available indicates that the exchange has commercial substance.2. The information available indicates that the exchange lacks commercial substance.ONE Lemon Inc. bought equipment by paying $6,000 down and issuing the seller a 3-year, noninterest-bearing note payable in three annual end-of-year installments of $3,000 each, with 5% interest implicit