Solution steps and details, please

Current Attempt in Progress On July 1, 2022. Bonita plc made two sales. It sold land having a fair value of 905,580 in exchange for a 4-year, zero-interest-bearing promissory note in the face amount of 1.424,943. The land is carried on Bonita's books at a cost of 599,000 It rendered services in exchange for a 3%, 8-year promissory note having a face value of 403,240 (interest payable annually). 1. 2. Bonita 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 Bonita plc for the sales transactions above that took place on July 1. 2022. (Round present value factor calculations to 5 decimal places, es 1.25124 and final answers to decimal places, es, 5275. If no entry Is required, select "No Entry" for the account titles and enter for the amounts Credit account titles are automatically Indented when the amount is entered. Do not indent manually) No. Date Account Titles and Explanation Credit 1. July 1. 2022 Debit 2 July 1 2022