During the month of September, the Texas Go-Kart Company had the following business activities:

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 $6,600.
b.	On September 1, received $44,400 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 $2,200, 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.)   Explanation: 2. Sep 30 Rent Expense ($6,600 × 1/6) = $1,100 Sep 30 Sales Revenue ($44,400 × 1/12) = $3,700