2 Pharoah 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 $2,880 cash. 2. Paid $8,060 on August 31 for 5 months' rent in advance. 3. On September 4, received $4,590 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. 5. Signed a contract for cleaning services starting December 1 for $1,240 per month. Paid for the first 2 months on November 30. (Hint: Use the account Prepaid Cleaning to record prepayments.) . On December 5, received $1,860 in advance from a gaming club. Determined that on December 31, $590 of these games had not yet been played. (a) Your answer is partially correct. For each of the above transactions, prepare the journal entry to record the initial transaction. (List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation P 1. June 1.2025 Prepaid Insurance 2 Aug 31,2025 Prepaid Rent Rent Expense Sept. 4, 2025 Cash Accounts Receivable 4. Nov 30, 2025 Prepaid Cleaning 5. Dec. 5, 2025 Supplies Expense Accounts Receivable Interest Receivable Debit 2.680 8.060 4,590 2,480 1860