unHeavy Corporation (RHC) Is a corporation that manages a local rock band. RHC was formed with an Investment of $12,300 cash, pald In by the leader of the band on January 3 In exchange for common stock. On January 4, RHC purchased muslo equlpment by paying $2700 cash and signing an $9.600 promissory note payable In three years. On January 5, RHC booked the band for six concert events, at a price of $2,600 each. Of the six events, four were completed between January 10 and 20. On January 22, cash was collected for three of the four events. The other two booklngs were for February concerts, but on January 24, RHC collected half of the $2,600 fee for one of them. On January 27, RHC pald $3,840 cash for the band's travel- related costs. On January 28, RHC pald Its band members a total of $2,610 cash for salaries and wages for the first three events. As of January 31, the band members hadn't yet been pald wages for the fourth event completed in January, but they would be pald In February at the same rate as for the first three events. As of January 31, RHC has not yet recorded the $178 of monthly depreciatlon on the equlpment. Also, RHC has not yet paid or recorded the $72 Interest owed on the promlssory note at January 31. RHC ls subject to a 10% tax rate on the company's Income before tax Value: 2.00 points Required 1. Prepare journal entries to record the transactions and adjustments needed on each of the dates indicated above. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) lew general journal view transaction list Journal Entry Worksheet 1 2 5 B 010 1112 Record the entry for revenue for the four events completed. General Journal Debit Credit Date Jan 10 *Enter debits before credits done record entry clear entry