Please solve for deferred revenue in the 3rd picture.

Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apri1 30 Received $465,000 from Commerce nank after signing a 12-month, 7 percent, promissory note. June 6 Purchased merchandise on account at a cost of 566,000. (Assuse a perpetual inventory systen.) July 15 Paid for the June 6 purchase. August 31 signed a contract to provide security service to a smal1 apartment cosplex atarting in september, and collected aix months. fees in advance, amounting to $18,600. December 31 Determined salary and vages of 531,000 vere earned but not yot paid as of december 31 (ignore payroll taxes). Decesber 31 Adjusted the accounts at year-end, relating to interest, becember 31 Adjuated the accounts at year-end, relating to aecurity 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 llabilites arising from these items are reported on the balance sheet at December 31. Answer is complete but not entirely correct. 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 pund intermediate caliculations. If no entry is 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.)