Write a memo to your manager explaining and detailing a minimum of two elements found in part a. part a listed in pictures below. 500 words.

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. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. On September 1, the company acquired five acres of land with a bullding that will be used as a warehouse. Tristar pold $200,000 in cash for the property. According to appraisals, the land had a fair value of $134,200 and the building had a fair value of $85,800 2. On September 1. Tristar signed a $50,000 noninterest-bearing note to purchase equipment. The $50,000 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 $3,500, 4. On September 18, the company paid its lawyer $8,000 for organizing the corporation 5. On October 10, Tristar purchased maintenance equipment for cash. The purchase price was $25,000 and $1,000 in freight charges also were pald 6. On December 2, Tristar acquired various items of office equipment. The company was short of cash and could not pay the $6,500 normal cash price. The supplier agreed to accept 200 shares of the company's no par common stock in exchange for the equipment. The fair value of the stock is not readily determinable. 7. On December 10, the company acquired a tract of land at a cost of $30,000. It paid $2,500 down and signed a 10% note with both principal and interest due in one year. Ten percent is an appropriate rate of interest for this note. September 01 122,000 Land Building Cash 78,000 200,000 sed 2 September 01 46,296 Equipment Discount on notes payable Notes payable 3,704 50,000 3 September 15 Truck 3,500 Revenue-donation of asset 3,500 4 4 September 18 Organization cost expense 8,000 Cash 8,000 5 October 10 Equipment Cash 26,000 26,000 6 6 December 02 Equipment Common stock 6,500 6,500 7 December 10 Land 30,000 Cash 2.500 Notes payable 27,500 Prey 1 of 1 Next