6. Notes payabl Chapter 3 After winning the TV show competition, Star Chef, Adriana started a cooking school, Adriana's Apron. Adriana's Apron prepares monthly financial statements. The following are the transactions for the month of September 2017. a) On January 1, 2017, Adriana took out a bank loan for $60,000 with an interest rate of 5%. Interest is payable on the first day of each following month b) Students paid $30,000 in advance for cooking classes. At the end of the month, Adriana finished teaching $10,000 worth of cooking classes. During the month, Adriana purchased supplies for her cooking classes such as meats and cheese for $5,000. At the end of the month, a physical count shows that $1,000 of supplies are left. c) d) On September 1, Adriana purchased a refrigerator costing $2,400. This equipment will be used for 5 years and then donated to the food bank. e) Adriana was hired to teach at a food festival. She taught the 'Secrets to Italian Cooking on September 30 and sent the festival organizers an invoice for $9,350. The invoice was paid in full on October 15, 2017 Adriana will pay salaries of $3,360 for two weeks (14 days) on October 7, 2017. At the end of the month, nine days of salaries are unpaid and unrecorded. f) Required: For transactions (a) to (), help Adriana prepare the adjusting entries on September 30, 2017