Recording Acquisition Costs

Following are three separate cases.

Case $1.$ Equipment with a list price of $$66,000$ is purchased on account; terms are $\frac{2}{10},\frac{n}{30}.$ Payment is made within the discount period.

day, $15\%$ note, which is paid in full with interest at its maturity date.

For Case $1$ and Case $2,$ prepare journal entries for $($a$)$ equipment acquisition, and $($b$)$ cash payment.

Case $1$

Case $2$