a$.$ Collected $$1,200$ rent for the period December $1$ of the current year to

April $1$ of next year, which was credited to Unearned Rent Revenue on

December $1.$

b$.$ Purchased a machine for $$32,000$ cash on January $1.$ The company

estimates annual depreciation at $$3,200.$

c$.$ Paid $$5,000$ for a two$-$year insurance premium on July $1$ of the current

year; debited Prepaid Insurance for that amount.