Record the two journal entries that should be recorded by Oriole inc for sales transactions that took place on July 1,2020?

NWP X Video X A Player X Video X Video x Video x | NWP X | NWP iley.com/was/ui/v2/assessment-player/index.html?launchld=e579e57c-0350-47e3-bcd6-69217bfcedd0#/question/ uestion 10 of 10 1. It sold land having a fair value of $917,020 in exchange for a 4-year zero-interest-bearing promissory note in the face amount of $1 442,944. The land is carried on Oriole's books at a cost of $590.500. 2. It rendered services in exchange for a 3%, 8-year promissory note having a face value of $408.520 (interest payable annually). Oriole Inc. recently had to pay 8% interest for money that it borrowed from British National Bank. The customers in these two transactions have credit ratings that require them to borrow money at 12% interest. Record the two journal entries that should be recorded by Oriole Inc. for the sales transactions above that took place on July 1. 2020. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places. e.g. 5.275. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)- No. Date Account Titles and Explanation Debit Credit July 2020 Juh 12. 1. CH13_ Trial_Baiape is 13. CHIB_Balance_She O