Question: please help!! i only got the first parrt right Eor each of the abowe transactions, prepare the journal entry to record the initial transaction. Aliht


Eor each of the abowe transactions, prepare the journal entry to record the initial transaction. Aliht afl debit entries before credit antriles. If no entry is required, select "No Entry" for the occount titles and enter o for the amounts Credit account bibles ore outomatically Indented when the amount is entered. Do not indent manually) Skysong Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31,2025. 1. Purchased a 1-year insurance policy on June 1 for $1.440 cash. 2. Paid $5,330 on August 31 for 5 months' rent in advance. 3. On September 4 , received $3,960 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. 4. Signed a contract for cleaning services starting December 1 for $820 per month. Paid for the first 2 months on November 30 . (Hint: Use the account Prepaid Cleaning to record prepayments) 5. On December 5 , received $1,230 in advance from a gaming club. Determined that on December 31,$390 of these games had not yet been played For each of the above transactions, prepare the adjusting jocarnal entry that is required on December 31 . OHint Use the account Service Revenue for item 3 and Maintenance and Repairs Expense for item 4.j (Ust all debit entries before credit entrien. If no entry is emount is entered. Do not indent manvolly
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