Collected $$2,600$ rent for the period December $1$ of the current year to April $1$ of next year, which was credited to Unearned Rent Revenue on December $1.$

Purchased a machine for $$39,000$ cash on January $1.$ The company estimates annual depreciation at $$3,700.$

Paid $$3,200$ for a two$-$year insurance premium on July $1$ of the current year; debited Prepaid Insurance for that amount.