The following events occurred for favata company: a. received $10,000 cash from owners and issued stock to them. b. borrowed $7,000 cash from a bank and signed a notes due later this year. c. bought and received $800 of equipment on account. d. purchased land for $12,000, paid $1,000 in cash and signed a long-term note for $11,000.e. purchased $3,000 of equipment, paid $1,000 in cash and charged the rest on account. required: for each of the events in above, prepare journal entries, checking that debits equal credits. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)