2 Jack Hammer Company completed the following transactions. The annual accounting period ends December 31 6.66 points Apr. 30 Received $555,880 from Commerce Bank after signing a 12-month, 7 percent, promissory note June 6 Purchased merchandise on account at a cost of $72,000. (Assume a perpetual inventory system.) July 15 Paid for the June 6 purchase Aug. 31 Signed a contract to provide security service to a small apartment complex starting in September, and collected six months' fees in advance amounting to $22,200 Dec. 31 Determined salary and wages of $37,080 were earned but not yet paid as of December 31 (ignore payroll taxes) Dec. 31 Adjusted the accounts at year-end, relating to interest Dec. 31 Adjusted the accounts at year-end, relating to security service. eBook Required: Print 1. & 2. Prepare journal entries for each of the transactions through August 31 and adjusting entries required on December 31 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 Complete this question by entering your answers in the tabs below Req 1 and 2 Req 3 Prepare journal entries for each of the transactions through August 31 and adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 Req 1 and 2 Req 3 16.66 points Prepare journal entries for each of the transactions through August 31 and adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Vlew transaction llst eBook Journal entry worksheet Print 4 6 Record the borrowing of $555,000 Note: Enter debits before credits Date General Journal Debit Credit Apr 30 Record entry Clear entry View general journal