provide the journal entry for each of the 7 transactions.

Tristar Production Company began operations on September 1, 2024. Listed below are a number of transactions that occurred during its first four months of operations. 1 On September 1 , the company acquired five acres of land with a buliding that will be used as a warehouse. Tristar paid $270,000 in cash for the property. According to appraisals, the land had a fair value of $185,600 and the building had a fair value of $104.400 2. On September 1, Tristar signed a $57,000 noninterest-bearing note to purchase equipment. The $57,000 payment is due on September 1, 2025. Assume that 9% is a reasonable interest rate. 3. On September 15, a truck was donated to the corporation. Similar trucks were selling for $4,200. 4 . On September 18, the company paid its lawyer $6,000 for organizing the corporation. 5 On October 10. Tristar purchased equipment for cash. The purchase price was $32,000 and $1,350 in freight charges also were paid 6. On December 2. Tristar acquired equipment. The company was short of cash and could not pay the $7,200 normal cash price The supplier agreed to accept 200 shares of the company's no-par common stock in exchange for the equipment. The fair value of the stock is not readlly determinable. 7. On December 10, the company acquired a tract of land at a cost of $37,000. It paid $6,000 down and signed a 11% note with both principal and interest due in one year Eleven percent is an appropriate rate of interest for this note Required: Prepare journal entries to record each of the above transactions Note: Use tables, Excel, or a financial calculator. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar: (EV of \$1, PV of \$1, FVA of \$1. PVA of \$1. FVAD of \$1 and PVAD of S11 Journal entry worksheet 3 5 7 On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $270,000 in cash for the property. According to appraisals, the land had a fair value of $185,600 and the building had a fair value of $104,400. Note: Enter debits before credits