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: a. On September 1, paid rent on the track facility for six months at a total cost of $9,000. b. On September 1, received $36,000 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 $1,500 each time, to be paid in the following month. The organization uses the track on September 30. d. On September 1, hired a new manager at a monthly salary of $1,500, to be paid the first Monday following the end of the month. Required: 1. Prepare the journal entry, if any, required to record each of the initial business activities on September 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 Record the navment of rent in the track facility for six months at a total rest Journal entry worksheet Record the payment of rent on the track facility for six months at a total cost of $9,000. Note: Enter debits before credits. General Journal Debit Credit Date mber 01 Septen Record entry Clear entry View general Journal Journal entry worksheet Record the receipt of $36,000 for season tickets for 12-month admission to the race track. Note: Enter debits before credits. General Journal Debit Credit Date September 01 Record entry Clear entry View general journal Record the booking of the race track for a private organization that will use the track one day per month for $1,500 each time, to be paid in the following month. The organization uses the track on September 30. Note: Enter debits before credits. General Journal Debit Credit Date September 01 Record entry Clear entry View general journal Record the hiring a new manager at a monthly salary of $1,500, to be paid the first Monday following the end of the month. Note: Enter debits before credits General Journal Debit Credit Date September 01 Record entry Clear entry View general Journal