For each of the following transactions below, prepare the journal entry (if one is required) to record the initial transaction and then prepare the adjusting entry, if any, required on September 30, the end of the fiscal year. Accounts Receivable Prepaid Printing Prepaid Rent Unearned Admissions Revenue Printing Expense Rent Expense Admissions Revenue Concessions Revenue

(a) On September 1, paid rent on the track facility for three months, $150,000.

(b) On September 1, sold season tickets for admission to the racetrack. The racing season is year-round with 25 racing days each month. Season ticket sales totaled $900,000.

(c) On September 1, borrowed $300,000 from First National Bank by issuing a 6% note payable due in three months.

(d) On September 5, schedules for 20 racing days in September, 25 racing days in October, and 15 racing days in November were printed for $2,400.

(e) The accountant for the concessions company reported that gross receipts for September were $140,000. Ten percent is due to the track and will be remitted by October 10. THESE ARE MY ANSWERS SO FAR NEED HELP WITH LAST ONE?