Business, 20.09.2019 20:30 10027126

During the month of september, the texas go-kart company had the following business activities: on september 1, paid rent on the track facility for six months at a total cost of $11,400. on september 1, received $38,400 for season tickets for 12-month admission to the race track. on september 1, booked the race track for a private organization that will use the track one day per month for $1,900 each time, to be paid in the following month. the organization uses the track on september 30. on september 1, hired a new manager at a monthly salary of $1,700, to be paid the first monday following the end of the month. required: prepare the journal entry, if any, required to record each of the initial business activities on september 1. prepare the adjusting journal entries, if any, required on september 30.

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During the month of september, the texas go-kart company had the following business activities: on...

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