Rogers Company completed the following transactions during Year 1. Rogers's fiscal year ends on December 31 Jan. 8 Purchased merchandise for resale on account. The Involce amount wes $14,770; assume a perpetual Inventory system 17 Pald January 8 Involce. Apr. 1 Borrowed $78,000 from National Bank for general use, signed a 12-month, 11% annual Interest-bearing note for the money. June 3 Purchased merchandise for resale on account. The Invoice amount was $17,420 July 5 Pald June 3 Involce. Aug. 1 Rented office space in one of Rogers's buldings to another company and collected sbk months' rent in advance amounting to $24000. Dec. 20 Recelved a $180 deposit from a customer as a guarantee to return a traller borrowed for 30 days. 31 Determined wages of $8,900 were eamed but not yet paid on December 31 (disregard payroll taxes). value: 1.00 points Required: 1. Prepare journal entries tor each of thase tansactions (f no entry s equred for a tranacetonlevent select NoJournal enty nequirdr i he t View transaction list Journal entry worksheet Purchased merchandise for resale on account. The invoice amount was $14,770; assume a perpetual inventory system. Note: Enter debits before credits DebitCredit General Journal Date January 08