Listed Below Is Information Related to Several Entry Situations $\$ 5,000$

Essay

Listed below is information related to several entry situations.Assume that the accounting year ends on December 31. 1. The company acquired land for $100,000 issung a note payable.
2. Equipment is acquired for $30,000 cash.
3. Memberships were sold for $20,000, accepting accounts receivables
4. Salaries of $15,000 were paid in cash.
5. Uthities were paid in cash in the amount of $\$ 5,000$ .
Required:
Record these entries using T-accounts.Use the number of the transaction in lieu of a date for identification purposes.