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' During the month of September, the Texas 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 Texas 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 $9,600 b. On September 1, received $50,400 for season tickets for 12-month admission to the race track. c. On September 1, booked the race track for a private organization that will use the track one day per month for $2,500 each time, to 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 $2,700, to be paid the first Monday following the end of the month. Required 1. Prepare the journal entry, if any, required to record each of the initial business activities on September 1. (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 4 Record the payment of rent on the track facility for six months at a total cost of $9,600 Note: Enter debits before credits Date General Journal Debit Credit September 01
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