Roger Company completed the following transactions during Year 1. Rogers fiscal year ends on December 31.

Jan.	8		Purchased merchandise for resale on account. The invoice amount was $14,860; assume a perpetual inventory system.
	17		Paid January 8 invoice.
Apr.	1		Borrowed $35,000 from National Bank for general use; signed a 12-month, 8% annual interest-bearing note for the money.
June	3		Purchased merchandise for resale on account. The invoice amount was $17,420.
July	5		Paid June 3 invoice.
Aug.	1		Rented office space in one of Rogers buildings to another company and collected six months rent in advance amounting to $6,000.
Dec.	20		Received a $100 deposit from a customer as a guarantee to return a trailer borrowed for 30 days.
	31		Determined wages of $9,500 were earned but not yet paid on December 31 (disregard payroll taxes).

Required:

1. For each transaction (including adjusting entries on December 31), indicate the effects (e.g., Cash + or ), using the following schedule: (Indicate the direction of the effect by selecting "+" for increase, "" for decrease from the dropdown menu.)

Incorrect = Bold letter are incorrect, please assist

Date	Assets		Liabilities		Stockholders Equity
January 8	Inventory	+	Accounts Payable	+	Interest expense
January 17	Cash		Accounts Payable
April 1	Cash	+	Note Payable	+
June 3	Inventory	+	Accounts Payable	+	Purchase
July 5	Cash		Accounts Payable
August 1	Cash	+	Deferred Rent Revenue	+
December 20	Cash	+	Accounts Payable (incorrect) Note payable (incorrect)	+
December 31			Wages Payable	+	Wage expense
December 31			Interest Payable		Rent revenue	+
December 31			Deferred Rent Revenue	-	Interest expense (incorrect) Interest Payable (incorrect)	+

Choices to choose =

deposit liability

interest expense

interest payable

inventory

notes payable

purchases

rent revenue

wage expense

wages payable