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Cullumber 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

Cullumber 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 $1,440 cash. 2. Paid $5,200 on August 31 for 5 months' rent in advance. 3. On September 4, received $2,880 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. Signed a contract for cleaning services starting December 1 for $800 per month. Paid for the first 2 months on November 30. (Hint: Use the account Prepaid Cleaning to record prepayments.) 5. On December 5, received $1,200 in advance from a gaming club. Determined that on December 31, $380 of these games had not yet been played. Post the journal entries in parts (a) and (b) to T-accounts and determine the final balance in each account. (Note: Posting Cash account is not required.) (Round answers to O decimal places, e.g. 5,275. Post entries in the order displayed in the probler statement.) Prepaid Insurance Prepaid Rent Unearned Service Revenue Prepaid Cleaning Insurance Expense Rent Expense Service Revenue Service Revenue Maintenance and Repairs Expense

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