Sepsember I. the company acguired five acres of boot with toiline that want be sard as a sweboose\ Ang to sopraisals, the laad had a fair valac of S7500%\ bor cash. The purchase price was $15.0%0 and S500 in freiche\ Of toecembere. anstar asquired equipsment, the oompany was short of cash and could not oss the SS. SIX\ Os December 10, the copany soquired a tract of land at a cost of $20,000. It paid $2.000 down send sited\ with both procural and interest due in cos year. Tas peront is on seeroorate mass of inseres for\ Prepare journal entries so record cach of the stone transacocas