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During the month of September, the Texas Go-Kart Company had the following business activities: a. On September 1, pald rent on the track faclity for
During the month of September, the Texas Go-Kart Company had the following business activities: a. On September 1, pald rent on the track faclity for slx months at a total cost of $13.800. b. On September 1, recelved $40,800 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 $2,300 each time, to be pald In the following month. The organlzation uses the track on September 30. d. On September 1, hired a new manager at a monthly salary of $1,900, to be pald the first Monday following the end of the month. Required: 1. Prepare the Journal entry, If any, requlred to record each of the Initial business activities on September 1 2. Prepare the adJusting Journal entries, If any. required on September 30. Complete this question by entering your answers in the tabs below. Required Required 2 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.) ew transaction lst Journal entry worksheet Record the payment of rent on the track facility for six months at a total cost of $13,800. Note: Enter debits before credits. 01 Record entry Clear entry Mew general journal
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