Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apri1 30 Heceived 5555,000 fron Coomerce Bank after nigning a 12-month, 7 percent, proaisnory note. June 6 Purchaned merchandine on account at a cost of $72,000. (Ansume a perpetual inveatory ayatem.) July 15 Paid for the June 6 parchaseannt August 31 signed a contract to provide security service to a snal1 apartment cooplex starting in september, and collected oix monthis ' Lees in advance, anounting to $22,200. pecember 31 Determined balary and vages of $37,000 were earned but not yet paid as of December 31 (ignore payrol1 taxes). Decomber 31 Adjusted the accounta at yoar-end, relating to intereat. pecomber 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. 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 fleld.) 7uly 15 Paid for the Juhe 6 pratchase. collected bix montha * Sedn in advance, a:wanthin to 322,200. taxead) : December 31. Adjuated the account. at year-and, rolating to interest. becember 31 Adjusted the accounti at year-end, Felating to aecurity aervice. Required: 4. \& 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. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31 . (Do not round intermediate calculations.)