Current Attempt in Progress Cheyenne Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 2025. 1. 2. 3. 4. 5. Purchased a 1-year insurance policy on June 1 for $1,980 cash. Paid $7,150 on August 31 for 5 months' rent in advance. On September 4, received $3,960 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. Signed a contract for cleaning services starting December 1 for $1,100 per month. Paid for the first 2 months on November 30. (Hint: Use the account Prepaid Cleaning to record prepayments.) On December 5, received $1,650 in advance from a gaming club. Determined that on December 31, $525 of these games had not yet been played.

For each of the above transactions, prepare the adjusting journal entry that is required on December 31 . (Hint: Use the account Service Revenue for item 3 and Maintenance and Repairs Expense for item 4.) (t ist all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Cheyenne 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 $1,980 cash. 2. Paid $7,150 on August 31 for 5 months rent in advance. 3. On September 4 , received $3,960 cash in advance from a corporation to sponsor a game each month for a tota of 9 months for the most improved students at a local school. 4. Signed a contract for cleaning services starting December 1 for $1,100 per month. Paid for the first 2 months on November 30. (Hint Use the account Prepaid Cleaning to record prepsyments) 5. On December 5 , reeelved 51,650 in advance from a gaming club. Determined that on December 31.$525 of these games had not vet been played. Service Revenue 4. Dec.312025 Dec. 5. 31, 2025 3. 4. 5. Fot 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.) Post the journal entries in parts (a) and (b) to T-accounts and determine the final balance in each account balance. (Note: Posting to . the Cash account is not required) (Post entries in the order presented in the previous parts.) Prepaid Cleaning