Duration Canon Statut Moving to the next question prevent changes to this answer Question 1 Question of a points Save Answer Chapter 38 marks, 16 minutes) The following transactions during October 2020 for Ludacris & Lazer Analytics Ltd (LLA) are shown below. Prepare journal entries, in proper format for each of the following transactions. If no entry is required, clearly indicate by writing No Entry 1. October 1 LLA obtained a bank loan of $180,000 from Standard Bank 2. October 3 LLA purchased $1,900 of office supplies on account from Cabello Stationers Lid. 3 October 5 LLA received $6,000 from Derulo Wealth Management for marketing analytic services to be provided in November 2020 4. October 7: LLA purchased land and building for a total cost of $500,000. The amount applicable to land is 25% of the total cost and the amount applicable to building is 75% of the total cost. The purchase was made by a 20% cash down payment and a mortgage was obtained for the remainder balance 5. October 12: LLA provided $7,000 of marating analytic Services to Supreme Promotions who paid cash in the amount of $1.500 and agreed to pay the balance on November 12. 6 October 31: LLA paid a total of $18,000 to Standard Bank which includes $1,080 of interest on the bank loan obtained on October 1. The remander balance pertains to repayment of the bank loan TTT Artal (12pt) T.. Words Meing to the next question prevents changes to this answer Question t at 5