Penny's Pool Service & Supply, Incorporated $($PPSS$),$ had the following transactions related to operating the business in its first year's

busiest quarter ended September $30$:

a$.$ Placed and paid for $$2,670$ in advertisements with several area newspapers $($including the online versions$),$ all of which ran in the

newspapers during the quarter.

b$.$ Cleaned pools for customers for $$26,200,$ receiving $$21,700$ in cash with the rest owed by customers who will pay when billed in

October.

c$.$ Paid Pool Corporation, Incorporated, a pool supply wholesaler, $$17,600$ for inventory received by PPSS in May.

d$.$ As an incentive to maintain customer loyalty, PPSS offered customers a discount for prepaying next year's pool cleaning service.

PPSS received $$17,000$ from customers who took advantage of the discount.

e$.$ Paid the office receptionist $$5,500,$ with $$1,650$ owed from work in the prior quarter and the rest from work in the current quarter.

Last quarter's amount was recorded as an expense and a liability, Wages Payable.

f$.$ Had the company van repaired, paying $$240$ to the mechanic.

g$.$ Paid $$150$ for phone, water, and electric utilities used during the quarter.

h$.$ Received $$110$ cash in interest earned during the current quarter on short$-$term investments.

i$.$ Received a property tax bill for $$480$ for use of the land and building in the quarter; the bill will be paid next quarter.

j$.$ Paid $$1,920$ for the next quarter's insurance coverage.

Required:

Prepare journal entries for above transactions.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.