Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apr. 30 Received $520,000 from Commerce Bank after signing a twelve-month, 6 percent, promissory note June 6 Purchased merchandise on account at a cost of $67,000 (Assume a perpetual inventory system.) July 15 Paid for the June 6 purchase Aug. 31 signed a contract to provide security services to a small apartment complex and collected six months' fees in advance, amounting to $22,800 (Use an account called Deferred Revenue.) Dec. 31 Determined salary and wages of $32,000 were earned but not yet paid as of December 31 (ignore payroll taxes) Dec. 31 Adjusted the accounts at year-end, relating to interest Dec. 31 Adjusted the accounts at year-end, relating to security services Required: 1. Prepare journal entries for each of the transactions. (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 > Received $520,000 from Commerce Bank after signing a twelve-month, 6 percent, promissory note. Note: Enter debits before credits. General Journal Debit Credit Date Apr 30 Journal entry worksheet N Paid for the June 6 purchase. Note: Enter debits before credits. Date General Journal Debit Credit Jul 15 Journal entry worksheet Adjusted the accounts at year-end, relating to interest. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Journal entry worksheet