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Roger Company completed the following transactions during Year 1. Rogers fiscal year ends on December Roger Company completed the following transactions during Year 1. Rogers fiscal year ends on December 31.

Jan.	8		Purchased merchandise for resale on account. The invoice amount was $14,780; assume a perpetual inventory system.
	17		Paid January 8 invoice.
Apr.	1		Borrowed $54,000 from National Bank for general use; signed a 12-month, 10% annual interest-bearing note for the money.
June	3		Purchased merchandise for resale on account. The invoice amount was $17,420.
July	5		Paid June 3 invoice.
Aug.	1		Rented office space in one of Rogers buildings to another company and collected six months rent in advance amounting to $6,000.
Dec.	20		Received a $180 deposit from a customer as a guarantee to return a trailer borrowed for 30 days.
	31		Determined wages of $9,200 were earned but not yet paid on December 31 (disregard payroll taxes).

Required:

Prepare journal entries for each of these transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet

Purchased merchandise for resale on account. The invoice amount was $14,780; assume a perpetual inventory system.

Date	General Journal	Debit	Credit
Jan 08

Journal entry worksheet

Paid January 8 invoice.

Date	General Journal	Debit	Credit
Jan 17

Journal entry worksheet

Borrowed $54,000 from National Bank for general use; signed a 12-month, 10% annual interest-bearing note for the money

Date	General Journal	Debit	Credit
April 01

Journal entry worksheet

Purchased merchandise for resale on account. The invoice amount was $17,420.

Date	General Journal	Debit	Credit
June 03

Journal entry worksheet

Paid June 3 invoice.

	General Journal	Debit	Credit
July 05

Journal entry worksheet

Rented office space in one of Roger's buildings to another company and collected six months' rent in advance amounting to $6,000.

	General Journal	Debit	Credit
Aug 01

Journal entry worksheet

Received a $180 deposit from a customer as a guarantee to return a trailer borrowed for 30 days.

	General Journal	Debit	Credit
Dec 20

Journal entry worksheet

Determined wages of $9,200 were earned but not yet paid on December 31 (disregard payroll taxes).

	General Journal	Debit	Credit
Dec 31

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