1. The following ledger accounts are used by the Shamanda Race Track Cash Accounts Receivable Prepaid Printing Prepaid Rent Unearned Admissions Revenue Note Payable Interest payable Admissions Revenue Concessions Revenue Interest Expense Printing Expense Rent Expense Instructions For each of the transactions below. prepare the journal entry (if one is required to record the initial transaction and then prepare the adjusting entry fay, required on November 30, the end of the fiscal year. a) On November 1. paid rent on the track facility for three months. 5105.000 b) On November 1, sold season tickets for admission to the racetrack. The racing seasca is year-round with 25 racing days each month Season ticket sales totalled 9900.000 c) On November 1. borrowed $150.000 from the bank by issuing a note payable due in three months. Interest is payable at matur d) On November 3. schedules for 20 racing days in Nonebet. 25 race days in December and 15 racing days in Januarycre printed for $3.000 The accountant for the concessions company reported that gross receipts for November were $140.000. Ten percent is due to Shands and will be remind by December to