Exercise 4-17 Action Quest Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 2017. 1. 2. Purchased a 1-year insurance policy on June 1 for $1,200 cash. Paid $5,600 on August 31 for 5 months' rent in advance. On September 4, received $3,870 cash in advance from a corporation to sponsor a game each month for a total of 9 months for the most improved students at a local school. Signed a contract for cleaning services starting December 1 for $800 per month. Paid for the first 2 months on November 30. (Hint: Use the account Prepaid Cleaning to record prepayments.) On December 5, received $1,300 in advance from a gaming club. Determined that on December 31, $550 of these games had not yet been played. 5. Prepaid Cleaning Insurance Expense Rent Expense Service Revenue Maintenance and Repairs Expense Click if you would like to Show Work for this question: Open Show Work