Check 1 E4-3 Recording Initial Transactions and Subsequent Adjustments [LO 4-1, LO 4-2] During the month of September, the Texas Go Kart Company had the following business activities 10 point a on September 1 paid rent on the track facility for six months at a total cost of $15,000 b. On September received $42.000 for season tickets for 12 month admission to the race track, c On September 1, booked the race track for a private organization that will use the track one day per month for $2.500 each time to d on September 1, hired a new manager at a monthly salary of $2.000, to be paid the first Monday following the end of the month. Required: 1. Prepare the journal entry. It any, regured to record each of the initial business activities on September 1, 2. Prepare the adjusting journal entries. If any required on September 30 Complete this question by entering your answers in the tabs below. View transaction list Journal entry worksheet Bock Record the booking of the race track for a private organization that will use the track one day per month for $2,500 each time, to be paid in the following month. The organization uses the track on September 30. Note: Enter debits before credits. Date General Journal Debit Credit September 01 References Record entry Clear enty View generalul 10 points Journal entry worksheet