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During the month of September, the Bridge City Go-Kart Company had the following business activities: a. On September 1, paid rent on the track facility

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During the month of September, the Bridge City Go-Kart Company had the following business activities: a. On September 1, paid rent on the track facility for six months at a total cost of $18.000 b. On September 1, received $72,000 for season tickets for 12-month admission to the racetrack. c. On September 1, booked the racetrack for a private organization that will use the track one day per month for $4,000 each time, to be paid in the following month. The organization uses the track on September 30. a on September 1, hired a new manager at a monthly salary of $4,200, to be paid the first Monday following the end of the month. Required: First prepare the journal entry, if any, required to record each of the initial business activities on September 1. Then, prepare the adjusting journal entries, if any, required on September 30. (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 1 2 3 4 5 6 7 8 On September 1, paid rent on the track facility for six months at a total cost of $18.000. Note: Enter debits before credits Date General Journal Debit Credit Sept 1 Record entry Clearly Vw gal journal Required: First prepare the journal entry, if any, required to record each of the initial business activities on Septem adjusting Journal entries, if any, required on September 30. (If no entry is required for a transaction/eve required" In the first account field.) View transaction list Journal entry worksheet Record adjusting entry for the preceding transaction. Note: Enter debits before credits. Date General Journal Debit Credit Sept 30 Record entry Clear entry View general journal be paid in the following month. The organization uses the track on September 30. d. On September 1, hired a new manager at a monthly salary of $4,200, to be paid the first Monday fo Requlred: First prepare the journal entry. If any required to record each of the initial business activities on Septer adjusting Journal entries, if any, required on September 30. (If no entry is required for a transaction/e required" in the first account field.) View transaction list Journal entry worksheet Record adjusting entry for the preceding transaction. Note: Enter debits before credits. Date General Journal Debit Credit Sept 30 Record entry Clear entry View general journal Required: First prepare the journal entry, if any, required to record each of the Initial business activities on Septem adjusting journal entries, if any, required on September 30. (If no entry is required for a transaction/eve required" in the first account field.) View transaction list Journal entry worksheet On September 1, hired a new manager at a monthly salary of $4,200, to be paid the first Monday following the end of the month. Note: Enter debits before credits Date General Journal Debit Credit Sept 1 Record entry Clear entry View general journal con September 1, booked the racetrack for a private organization that will use the track one day per month be paid in the following month. The organization uses the track on September 30, d. On September 1, hired a new manager at a monthly salary of $4,200, to be paid the first Monday following ti Required: First prepare the journal entry. If any, required to record each of the initial business activities on September 1. TI adjusting journal entries, if any, required on September 30. (If no entry is required for a transaction/event, sele required" In the first account field.) View transaction list Journal entry worksheet Record adjusting entry for the preceding transaction. Note: Enter debits before credits Date General Journal Debit Credit Sept 30 Record entry Clear entry View general journal

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