Current Attempt in Progress

Sheffield Games Inc. adjusts its accounts annually. The following information is available for the year ended December $31,2025.$

Purchased a $1-$year insurance policy on June $1$ for $$2,100$ cash.

Paid $$6,890$ on August $31$ for $5$ months' rent in advance.

On September $4,$ received $$3,870$ 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 $$1,060$ per month. Paid for the first $2$ months on November

$($Hint: Use the account Prepaid Cleaning to record prepayments.$)$

On December $5,$ received $$1,590$ in advance from a gaming club. Determined that on December $31,$$$505$ of these games had

not yet been played.

$($a$)$

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 $0$ for the amounts. Credit account titles are automatically

indented when the amount is entered. Do not indent manually.$)$

No$.$

Date

Account Titles and Explanation

Debit

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