On $1/1/2022$ Square Co$.$ contracted Triangle Co$.$ to construct a building for $$800,000.$ The first payment includes the cost of land, which is $$70,000.$ Triangle Co$.$ completed the building, ready for occupancy, on $12/31/2022.$ During the course of $2022,$ Square Co$.$ made the following cash payments to Triangle Co: Date of Payment Amount of Payment $3/1$ $$200,0004/30$ $$100,0007/1$ $$325,00012/1$ $$175,000$ TOTAL $$800,000$ Square Co$.$ had the following debt outstanding at $12/31/2022$: Specific Construction Debt $8\%2-$year note, dated January $1,2022,$ with interest payable annually on December $31$ $$100,000$ Other Debt $10\%,10-$year note, dated December $31,2018,$ with interest payable annually on December $31$ $$300,00020\%,8-$year note, dated December $31,2019,$ with interest payable annually on December $31$ $$700,000$ Question $8(2\mathrm{.}25$ points$)$ What journal entry will Square Co$.$ record on March $1$st$?$ Question $8$ options: Dr$.$ Land $$70,000$ Dr$.$ Building $$130,000$Cr$.$ Cash $$200,000$ Dr$.$ Building $$200,000$Cr$.$ Cash $$200,000$ Dr$.$ Building Expense $$200,000$Cr$.$ Cash $$200,000$ Dr$.$ Land $$130,000$ Dr$.$ Building $$70,000$Cr$.$ Cash $$200,000$ Question $9(2\mathrm{.}25$ points$)$

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What journal entry will Square Co$.$ record on April $30$th$?$

Question $9$ options:

Dr$.$ Building $$100,000$

$$Cr$.$ Cash $$100,000$

Dr$.$ Land $$70,000$

Dr$.$ Building $$30,000$

$$Cr$.$ Cash $$100,000$

Dr$.$ Land $$100,000$

$$Cr$.$ Cash $$200,000$

Dr$.$ Building Expense $$100,000$

$$Cr$.$ Cash $$100,000$