The following events occurred during the year. Book the entries necessary for the corresponding transactions that have occurred. August 1: The business owner loaned the company $10,000 at 4% interest annually to be paid in full in three years. August 15: A new one-year lease agreement was signed for a new sporting goods store. The rent is $1,350 per month for the year. The lease begins on September 1 and is effective through August 31 of the next year. A payment of the first month's rent plus a deposit payment of $2,000 was made. (Info only. The deposit remains in Prepaid Rent until the end of the lease) August 31: Paid $2,400 for a 12-month insurance policy. Policy effective dates are September 1 through August 31 . September 1: Expense September rent paid in August. September 21: A part-time worker was hired at $15 per hour to work the customer service desk. One pay period is the 1st of the month through the 15 th, and the other is the 16 th through the end of the month. Paydays are the 20 th for the first pay period and the 5 th of the following month for the second pay period. (No entry required on this date for informational purposes only.) September 30: Sold 15 bicycles on special at $150 each and 5 golf club sets at $350 each. The customer put 12% on account and paid cash for the rest. September 30: Calculate the payroll accrual for employee's first paycheck for 12 hours to be delivered on October 5. October 1: Paid October rent on new sporting goods space