Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apri1 30 Received $555,000 from Conmerce Bank after signing a 12-month, 7 percent, promissory note. June 6 purchased merehandise on account at a cost of $72,000. (Aasume 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 conplex ntarting in september, and collected six months ' fees in advance, amounting to $22,200. December 31 Determined salary and wages of $37,000 were earned but not yet paid as of December 31 (ignore payroll taxes). Deconber 31 Adjusted the accounts at year-end, relating to interest. Decenber 31 Adjuated 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 llablities arising from these items are reported on the balance sheet at December 31 . Complete this question by entering your answers in the tabs below. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 . (Do not round intermediate calculations.)