Tristar Production Company began operations on September 1, 2021. Listed below are a number of transactions that occurred during the first four months of operations.

• On September 1, Tristar signed a $57,000 noninterest-bearing note to purchase equipment. The $57,000 payment is due o September 1, 2022. Assume that 9% is a reasonable interest rate.

Required:

Prepare journal entries to record each of the above transactions.