The County of Maxnell decides to create a waste management department and offer its services to the public for a fee. As o tesult county officiais plan to account for this octivity as an enterprise fund. Assume the information is gothered so that the county can prepare fand financial. statements Only entries for the waste management department are recuired here January 1 thecelve unrestricted funds of 5245,000 from the geveral fund as permanent finarking Febesuary 1 Horrow an additional 5152000 front a local babk at a 12 percent anfual interest rate. March 1 Order a truck at an eypected cobt of 5145,500 ine dippreclation July 1 Chate citireas 519909 for mevices. Of this ameunt, 516,900 at callected. Alast 1 Make 511.000 cabh paynient os the 12 porcent nose of Fehruary 1 . Thit paytnent comers both interest and principal September 1 Pay salaried of s18 309 using the grabt meney received en May 1. Dctober 1 Pay track matntenatice costs of $1,200. Nevember 1 Par additsonal salaries of 515,600 , firat usind the rent of the grant money received May 1. December 31 Send lmoices tetaline 575,600 to cuptomers for services durind the pas wow inseths. Collect 52,400 af the cash im although ne pagments will be made fer dfprodimately nine yeart. Prepare journal entries for this operation for the following 2020 transactions. Aso prepare any necessary adjusting enties at the end of the year. (if no entry is required for a trensection/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars and not in millions.) Journal entry worksheet Record payment of interest and principal on the note. Note: Enter debits before credits. Journal entry worksheet Journal entry worksheet 1 6 7 8 9 Record the entry to recognize the grant revenue. Note: Enter debits before credits. Journal entry worksheet Journal entry worksheet 1 8 10 Record additional salaries paid, first using the rest of the grant money received. Note: Enter debits before credits. Journal entry worksheet Record the entry to recognize the grant revenue. Note: Enter debits before credits. Journal entry worksheet 1 ..... 11 Record the amount received from customers for services. Note: Enter debits before credits Journal entry worksheet Record the accrual of interest expense. Note: Enter debits before credits. Journal entry worksheet (1) ,13 (14) 15 16 Record depreciation expense for the truck. Note: Enter debits before credits. Journal entrv worksheet Journal entry worksheet 1,13 18 Record entry to recognize portion of total costs for eventual closure of landfill. Note: Enter debits before credits