Tristar Production Company began operations on September 1, 2016. Listed below are a number of transactions that occurred during its first four months of operations. a. On September 1, the company acquired five acres of land with a building that will be used as a warehouse. Tristar paid $240,000 in cash for the property. According to appraisals, the land had a fair value of $169,000 and the building had a fair value of $91,000.
b. On September 1, Tristar signed a $54,000 noninterest-bearing note to purchase equipment. The $54,000 payment is due on September 1, 2022. Assume that 9% is a reasonable interest rate.
c. On September 15, a truck was donated to the corporation. Similar trucks were selling for $3,900.
d. On September 18, the company paid its lawyer $4,500 for organizing the corporation.
e. On October 10, Tristar purchased maintenance equipment for cash. The purchase price was $29,000 and $1,200 in freight charges also were paid.
f. On December 2, Tristar acquired various items of office equipment. The company was short of cash and could not pay the $6,900 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.
g. On December 10, the company acquired a tract of land at a cost of $34,000. It paid $4,500 down and signed a 11% note with both principal and interest due in one year. Eleven percent is an appropriate rate of interest for this note.

Required:
Prepare journal entries to record each of the above transactions.