PRINTER VERSION 4 RACK Exercise 4-17 (Part Level Submission) Novak Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 2022 1. Purchased a 1-year Insurance policy on June 1 for $2,760 cash. 2. Paid $7,930 on August 31 for 5 months' rent in advance. 3. On September 4, received $4,500 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 $1,220 per month. Paid for the first 2 months on November 30. (Hint: Use the account Prepaid Cleaning to 4. record prepayments.) 5. On December 5, received $1,830 in advance from a gaming club. Determined that on December 31, $500 of these games had not yet been played Assignment CALOULATOR PRINTER No. Date Account Titles and Explanation Debit Credit 1. June 1, 2022 Prepaid Insurance 2,760 on) cash 2,760 on) 2. Aug. 31, 2022 Prepaid Rent 7,930 Cash on) 7,930 3. Sept. 4, 2022 Cash 4,500 4,500 4. Nov. 30, 2022 Prepaid Cleaning Cash 5. Dec. 5, 2022 1,830 1,830 o search