Tiger Company completed the following transactions. The annual accounting period ends December 31.

Jan.	3	Purchased merchandise on account at a cost of $40,000. (Assume a perpetual inventory system.)
Jan.	27	Paid for the January 3 purchase.
Apr.	1	Received $96,000 from Atlantic Bank after signing a 12-month, 5.0 percent promissory note.
June	13	Purchased merchandise on account at a cost of $11,200.
July	25	Paid for the June 13 purchase.
Aug.	1	Rented out a small office in a building owned by Tiger Company and collected eight months rent in advance amounting to $11,200. (Use an account called Unearned Rent Revenue.)
Dec.	31	Determined wages of $28,000 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.

journal entry list:

1. Purchased merchandise on account at a cost of $40,000. (Assume a perpetual inventory system.) Record the transaction. 2. Paid for the January 3 purchase. Record the transaction. 3. Received $96,000 from Atlantic Bank after signing a 12-month,5 percent promissory note. Record the transaction. 4. Purchased merchandise on account at a cost of 11,200. Record the transaction. 5. Paid for the June 13 purchase. Record the transaction. 6. Rented out a small office in a building owned by Tiger Company and collected eight months rent in advance amounting to $11,200. (Use an account called Unearned Rent Revenue.) Record the transaction.

Required 1. Prepare journal entries for each of the transactions through August 1. (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 2 3 4. 6 Purchased merchandise on account at a cost of $40,000. (Assume a perpetual inventory system.) Record the transaction. Note: Enter debits before credits. Date General Journal Debit Credit Jan 03 Record entry Clear entry View general journal