Vigeland Company completed the following transactions during Year 1. Vigeland's fiscal year ends on December 31. Jenuary 15 Purchased and paid for nerchandise. The invoice amount was $15,700; asaune a perpetual inventory Apri1 1 Borrowed $656,000 from sumait Bank for genera1 uBe; signed a 10-month, 13t annual intereat-bearing note for the money. June 14 Received a $21,000 custoner deposit for services to be perforned in the future. Joly 15 Performed $3,750 of the services paid for on June 14 . December 12 Received electrie bill for 527,660 . Vigeland plans to pay the bill in early January. December 31 Determined vagen of $30,000 were earned but not yet paid on December 31 (diaregard payrol1 taxes). Required: 1. Prepare journal entries for each of these transactions. 2. Prepare the adjusting entries required on December 31 . Complete this question by entering your answers in the tabs below. Prepare journal entries for each of these transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Adjusting entries will be recorded in Part 2. Journal entry worksheet 5 Record the $15,700 purchase of merchandise assuming a perpetual inventory system. Note: Enter debits before credits Prepare joumal entries for each of these transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Ad recorded in Part 2. Journal entry worksheet 5 Record $656,000 borrowed for general use; signing a 10 -month, 13% annual interest-bearing note for the money. Note: Enter debits before credits. Prepare joumal entries for each of these transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. recorded in Part 2. Journal entry worksheet Record the a $21,000 received as customer deposit for services to be performed in the future. Note: Enter debits before credits. Prepare journal entries for each of these transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account recorded in Part 2. Journal entry worksheet