2 Suppose a company rents office space for one year, paying $18,000 ($1.500/month) in advance on September 1 Record the adjusting entry on December 31. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Skipped View transaction list Journal entry worksheet 1 Record the adjusting entry on December 31. Notel Enter debits before credits General Journal Debit Credit Date December 31 Record entry Clear entry View general journal M A company performs $5,200 of services during the month and receives full cash payment from customers at the time of service. Record the cash receipt using (a) accrual-basis accounting and (b) cash-basis accounting. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 > Record the cash receipt using accrual-basis accounting. Note: Enter debits before credits General Journal Event (a) Dobit Credit people