Tristar Production Company began operations on September 1, 2021 Listed below are a number of transactions that occurred during its first four months of operations (EV of S1. PV of S1. FVA of \$1. PVA of S1. EVAD of S1 and PVAD of \$1) (Use oppropriate factor(s) from the tables provided.) 1. On September 1, the company acquired five acres of land with a buiding that will be used as o warehouse Tristar paid $140,000 in cash for the property. According to appraisals, the land had a fair value of $100,000 and the building had a fair value of $80,000 2. On September 1. Tristar signed a $44,000 noninterest-bearing note to purchase equipment. The $44,000 payment is due on September 1,2022. Assume that 8% is a reasonable interest rate 3. On September 15 , a truck was donated to the corporation. Similar trucks were selling for $2,900. 4. On September 18, the company pald its lawyer $5,000 for organizing the corporation. 5. On October 10, Tristar purchased mointenance equipment for cash. The purchase price was $19,000 and $700 in freight chatges atso were paid 6. On December2. Tristar acquired various items of office equipment. The company was shoit of cash and could not pay the 55.900 normal cash pice. The supplier agreed to dceept 200 shares of the companys thoparcommon stock in exchange for the equipment. The fair value of the stock is not readily determinable 7. On December 10, the company acquifed a tract of land at a cost of $24,000. It paid $4,000 down and signed-a 10% note with bath principal and interest due in one year. Ten percent is an appropriate rate of interest for this note. Required: Prepare joumal entries to record each of the above transactions. (If no entry is required for a transaction/event, select "No journal entry required "in the first account field. Round final answers to the nearest whole dollars.) Journal entry worksheet 23567 On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $140,000 in cash for the property. According to appraisals, the land had a fair value of $100,000 and the building had a fair value of $60,000. Note: Enter debite before credits. Journal entry worksheet On September 1 , Tristar signed a $44,000 noninterest-bearing note to purchase equipment. The $44,000 payment is due on September 1,2022. Assume that 8% is a reasonable interest rate. Note: Enter debits before creditz. Journal entry worksheet On September 15, a truck was donated to the corporation. Similar trucks were selling for $2,900. Note: Enter debits beforc credita. Journal entry worksheet On September 18 , the company paid its lawyer $5,000 for organizing the corporation. Note: Enter debits before credits. Journal entry worksheet On October 10, Tristar purchased maintenance equipment for cash. The purchase price was $19,000 and $700 in freight charges also were paid. Notel Enter debits before credits. Journal entry worksheet