Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apr. 30 Received $660,000 from Commerce Bank after signing a twelve-month, 6 percent, promissory note June 6 Purchased merchandise on account at a cost of $81,000 (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 $24,900 (Use an account called Deferred Revenue.) Dec. 31 Determined salary and wages of $46,000 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 $660,000 from Commerce Bank after signing a twelve-month, 6 percent, promissory note. Note: Enter debits before credits. Date Apr 30 General Journal Debit Credit Record entry Clear entry View general journal 2. Prepare all adjusting entries required on December 31. (If no entry is required for a transaction/event, select "No Journal entry required" In the first account fleldi.) View transaction list Journal entry worksheet < 1 2 3 Determined salary and wages of $46,000 were earned but not yet paid as of December 31 (ignore payroll taxes). Note: Enter debits before credits. Date Dec 31 General Journal Debit Credit Record entry Clear entry View general journal 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Partial Balance Sheet at December 31 Current liabilities: Total current liabilities