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Thank you During the month of September, the Texas Go-Kart Company had the folowing business activities: a. On September 1, prepaid rent on the track

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During the month of September, the Texas Go-Kart Company had the folowing business activities: a. On September 1, prepaid rent on the track facility for six months at a totai cost of $13.800 b On September 1 keceived $58.800 in advance for season tickets for 12 -month admission to the race track c. On September 1 , booked the race track for a private organization that will use the track one day per month for $2.500 each time, to be paid in the foliowing month. The orgarization uses the track on September 30 . d On September 1 hired a new manager at a manthly salary of $3,400, to be paid the first Monday following the end of the month Required: 1. Prepare the journol entry. If anv required to recoic each of the initar business sctivities on september 1 2. Prepare the adjusting jounst entries. fony required on September 30

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