HW #10-Ch. 10 (required) 2 Check my work PA10-2 (Algo) Recording and Reporting Current Liabilities with Evaluation of Effects on the Debt-to- Assets Ratio (LO 10-2, LO 10-5] Excel Assignment 2-Chopy al 7 points Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Book P April 30 Received $735,088 from Commerce Bank after signing a 12-month, 6 percent, promissory note. June 6 Purchased merchandise on account at a cost of $84,000. (Assume a perpetual inventory system.) July 15 Paid for the June 6 purchase. August 31 Signed a contract to provide security service to a small apartment complex starting in September, and collected six months' fees in advance, amounting to $29,400. December 31 Determined salary and wages of $49,000 were earned but not yet paid as of December 31 (ignore payroll taxes). December 31 Adjusted the accounts at year-end, relating to interest. December 31 Adjusted the accounts at year-end, relating to security service. Required: 1. & 2. Prepare journal entries for each of the transactions through August 31 and adjusting entries required on December 31 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 Complete this question by entering your answers in the tabs below. Excel Assignment (Ch Copy x Excel Assignment Screen Shot 2022-028.58 PM Req 1 and 2 Req3 Screen Shot 2022-02.0.14 PM Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. (Do not round intermediate calculations.) Excel Assignment 7 2 points Required: 1. & 2. Prepare journal entries for each of the transactions through August 31 and adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 Complete this question by entering your answers in the tabs below. Excel Assign #2-Ch... Excel Assi (Ch C eBook Req 1 and 2 Req3 Pat Prepare journal entries for each of the transactions through August 31 and adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No 1 Date April 30 General Journal No Transaction Recorded 2 June 06 No Transaction Recorded MO Bell and 1 Reg3> Debit Credit Excel Ass 4-Stu Scree 2022-02 Scre 2022-03 Excel Au as-Che 2 Complete this question by entering your answers in the tabs below. 7 Req 1 and 21 Req 3 points Check my work Exchan eBook Print Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. (Do not round intermediate calculations.) JACK HAMMER COMPANY Balance Sheet (partial) At December 31 Evel Agent 1Ch Copyal Excel Assignment