1. A 4 year insurance premium was prepaid on January 1,2018.12 journal entries). 2. A 1-year rental agreement was entered on August 1, 2018 ( 2 journal entries). 3. Unpaid Salaries and Wages for December were $36,000. Assume Hoosier Academic Hospital pays salary & wages on the first day of every month. Write 2 journal entries: show the accrued expense entry but also show the payment entry on first day of the following month. For the above transactions 1-3, prepare the initial transaction entry AND the adjusting entry