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The following leger accounts are used to the parent Prepaid Uncao Sente Concessions Reve For each of the following transactions below, prepare the journal entry

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The following leger accounts are used to the parent Prepaid Uncao Sente Concessions Reve For each of the following transactions below, prepare the journal entry of one is required to record initial transaction and then prepare the adjusting entry, if any, required on September 30, the end a) On September 1, paid rent on the track facility for three months. 590.000) b) On September 1, sold season tickets for admission to the racetrack. The racing season is year-round) with 25 racing days each month. Season ticket sales titled 5500,000 c) On September 1, borrowed $200,000 from First National Bank by issuing a 12 note payable de three month d) On September 5, schedules for 20 racing days in September, 25 racing days in October, and 15 racin days in November were printed for 575 e) The accountant for the concessions company reported that gross receipts for September .$140,000. Ten percent is due to Paola and will be remitted by Octobe MacBook Air The following leger accounts are used to the parent Prepaid Uncao Sente Concessions Reve For each of the following transactions below, prepare the journal entry of one is required to record initial transaction and then prepare the adjusting entry, if any, required on September 30, the end a) On September 1, paid rent on the track facility for three months. 590.000) b) On September 1, sold season tickets for admission to the racetrack. The racing season is year-round) with 25 racing days each month. Season ticket sales titled 5500,000 c) On September 1, borrowed $200,000 from First National Bank by issuing a 12 note payable de three month d) On September 5, schedules for 20 racing days in September, 25 racing days in October, and 15 racin days in November were printed for 575 e) The accountant for the concessions company reported that gross receipts for September .$140,000. Ten percent is due to Paola and will be remitted by Octobe MacBook Air

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