Tiger Company completed the following transactions. The annual accounting period ends December 31. Jan. 3 Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system.) Jan. 27 Paid for the January 3 purchase. Apr. 1 Received $94,000 from Atlantic Bank after signing a 12-month, 7.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $10,800. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $10,800. Dec. 31 Determined wages of $26,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system.) Record the transaction. Note: Enter debits before credits. Date General Journal Debit Credit Jan 03 Record entry View general journal Clear entry Tiger Company completed the following transactions. The annual accounting period ends December 31. Jan. 3 Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system.) Jan. 27 Paid for the January 3 purchase. Apr. 1 Received $94,000 from Atlantic Bank after signing a 12-month, 7.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $10,800. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $10,800. Dec. 31 Determined wages of $26,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Paid for the January 3 purchase. Record the transaction. Note: Enter debits before credits. General Journal Debit Credit Date Jan 27 Record entry View general journal Clear entry Tiger Company completed the following transactions. The annual accounting period ends December 31. Jan. 3 Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system. ) Jan. 27 Paid for the January 3 purchase. Apr. 1 Received $94,000 from Atlantic Bank after signing a 12-month, 7.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $10,800. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $10,800. Dec. 31 Determined wages of $20,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Received $94,000 from Atlantic Bank after signing a 12- month, 7 percent promissory note. Record the transaction. Note: Enter debits before credits. General Journal Debit Credit Date Apr 01 Record entry View general journal Clear entry Tiger Company completed the following transactions. The annual accounting period ends December 31. Jan. 3 Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system. ) Jan. 27 Paid for the January 3 purchase. Apr. 1 Received $94,000 from Atlantic Bank after signing a 12-month, 7.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $10,800. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $10,800. Dec. 31 Determined wages of $26,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Purchased merchandise on account at a cost of 10,800. Record the transaction. Note: Enter debits before credits. General Journal Debit Date Jun 13 Credit Record entry View general journal Clear entry Tiger Company completed the following transactions. The annual accounting period ends December 31. Jan. 3 Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system.) Jan. 27 Paid for the January 3 purchase. Apr. 1 Received $94,000 from Atlantic Bank after signing a 12-month, 7.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $10,800. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $10,800. Dec. 31 Determined wages of $26,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Paid for the June 13 purchase. Record the transaction. Note: Enter debits before credits. General Journal Debit Credit Date Jul 25 Record entry View general journal Clear entry Tiger Company completed the following transactions. The annual accounting period ends December 31. Jan. 3 Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system. ) Jan. 27 Paid for the January 3 purchase. Apr. 1 Received $94,000 from Atlantic Bank after signing a 12-month, 7.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $10,800. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $10,800. Dec. 31 Determined wages of $26,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $10,800. Record the transaction. Note: Enter debits before credits. General Journal Debit Credit Date Jul 31 Record entry View general journal Clear entry Tiger Company completed the following transactions. The annual accounting period ends December 31. Jan. 3 Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system. ) Jan. 27 Paid for the January 3 purchase. Apr. 1 Received $94,000 from Atlantic Bank after signing a 12-month, 7.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $10,800. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $10,800. Dec. 31 Determined wages of $26,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Determined wages of $20,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Record the transaction. Note: Enter debits before credits. General Journal Debit Date Dec 31 Credit Record entry View general journal Clear entry Tiger Company completed the following transactions. The annual accounting period ends December 31. Jan. 3 Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system.) Jan. 27 Paid for the January 3 purchase. Apr. 1 Received $94,000 from Atlantic Bank after signing a 12-month, 7.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $10,800. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $10,800. Dec. 31 Determined wages of $26,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Complete this question by entering your answers in the tabs below. Reg 1 and 2 Req 3 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Adjusted the accounts at year-end, relating to interest. Record the transaction. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry View general journal Clear entry Tiger Company completed the following transactions. The annual accounting period ends December 31. Jan. 3 Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system.) Jan. 27 Paid for the January 3 purchase. Apr. 1 Received $94,000 from Atlantic Bank after signing a 12-month, 7.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $10,800. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in building owned by Tiger Company and collected eight months rent in advance amounting to $10,800. Dec. 31 Determined wages of $26,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Complete this question by entering your answers in the tabs below. Req 1 Req3 and 2 Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Adjusted the accounts at year-end, relating to rent. Record the transaction. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry View general journal Clear entry Tiger Company completed the following transactions. The annual accounting period ends December 31. Jan. 3 Purchased merchandise on account at a cost of $38,000. (Assume a perpetual inventory system. ) Jan. 27 Paid for the January 3 purchase. Apr. 1 Received $94,000 from Atlantic Bank after signing a 12-month, 7.0 percent promissory note. June 13 Purchased merchandise on account at a cost of $10,800. July 25 Paid for the June 13 purchase. July 31 Rented out a small office in a building owned by Tiger Company and collected eight months' rent in advance amounting to $10,800. Dec. 31 Determined wages of $26,000 were earned but not yet paid on December 31 (Ignore payroll taxes). Dec. 31 Adjusted the accounts at year-end, relating to interest. Dec. 31 Adjusted the accounts at year-end, relating to rent. Required: 1. & 2. Prepare journal entries for each of the transactions through August 1 and any adjusting entries required on December 31. 3. Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Show how all of the liabilities arising from these items are reported on the balance sheet at December 31. (Do not round intermediate calculations.) TIGER COMPANY Balance Sheet (partial) 0