The following events occurred for Favata Company: a. Received $18,500 cash from owners and issued stock to them. b. Borrowed $15,500 cash from a bank and signed a note due later this year. c. Bought and received $1,650 of equipment on account. d. Purchased land for $29,000; paid $2,700 in cash and signed a long-term note for $26,300. e. Purchased $11,500 of equipment? paid $2,700 in cash and charged the rest on account. Required: For each of the above events, prepare journat entries. af no entry is required for a tronsoction/event, solect "No Journol Entry Required" in the first occount field.) Journal entry worksheet 5 Received $18,500 cash from owners and issued stock to them. Record the transaction. Note: Enter debits before credirs. Journal entry worksheet 5 Received $18,500 cash from owners and issued stock to them. Record the transaction. Note: Enter debits before credits. Journal entry worksheet 5 Borrowed $15,500 cash from a bank and signed a note due later this year. Record the transaction. Note: Enter debits before credits. Journal entry worksheet 5 Bought and received $1,650 of equipment on account. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Purchased land for $29,000; paid $2,700 in cash and signed a long-term note for $26,300. Record the transaction. Note; Enter debits before credits. Journal entry worksheet Purchased $11,500 of equipment; paid $2,700 in cash and charged the rest on account, Record the transaction. Note: Enter debits before credits