Questions 1-2 of 8) P9-1 Recording and Reporting Current Liabilities L09-1 The following information applies to the questions displayed below! Vigeland Company completed the following transactions during Year 1 Vigeland's fiscal year ends on December 31 Jan 15 Purchased and paid for merchandise. The invoice amount was $26.500, assume a perpetual inventory system Apr 1 Borrowed $700,000 from Summit Bank for general use, signed a 10 month, 6omnul interest bearing note for the money June 14 Received a $15.000 customer deposit for services to be performed in the future July 15 Performed $3750 of the services pold for on June 14 Dec. 12 Received electric bill for $27.850. Vigeland plans to pay the binary Jonary 31 Determined wages of $15.000 were earned but not yet pand on December 31regard payroll References Section Break per conting and bong Collabones LO 1. 1000 points P9-1 Part 1 Type here to search O i 20 hp Required. 1. Prepare joumal entries for each of these transactions. (If no entry is required for a transaction/event, select "No View transaction list Journal entry worksheet 1 2 3 4 5 6 Purchased and paid for merchandise. The invoice amount was $26,500; assume a perpetual inventory system. Note: Enter debits before credits General Joumal Debit Credit January 15 Record entry Clear View generatowa References eBook 8 Resources General Journal PO-1 Part 1 Type here to search TR i 20 hp 5 7 select Journal entry worksheet