The following ledger accounts are used by the Shawanda Race Track: Cash Accounts Receivable Prepaid Printing Prepaid Rent Unearned Admissions Revenue Note Payable Interest payable Admissions Revenue Concessions Revenue Interest Expense Printing Expense Rent Expense Instructions For each of the transactions below, prepare the journal entry (if one is required) to record the initial transaction and then prepare the adjusting entry, if any, required on November 30, the end of the fiscal year. a) On November 1, paid rent on the track facility for three months, $105,000. b) On November 1, sold season tickets for admission to the racetrack. The racing season is year-round with 25 racing days each month. Season ticket sales totalled $900,000. c) On November 1, borrowed $150,000 from their bank by issuing a 6% note payable due in three months. Interest is payable at maturity. d) On November 5, schedules for 20 racing days in November, 25 racing days in December and 15 racing days in January were printed for $3,000. e) The accountant for the concessions company reported that gross receipts for November were $140,000. Ten percent is due to Shawanda and will be remitted by December 10