On July $1,2024,$ Flint Limited received an $18-$month bank loan for $$380,000$ from a bank at $6\%$ and with these funds and another $$85,000$ cash, purchased land for $$465,000.$ Prepare the journal entries to record each of the following on Flint's books:$*37\backslash$deg FLight rain$-1080$C$.$Caps Lockf Shift$2$#$3$WZXThe purchase of the land on July $1,2024.($Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$