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Deferred Revenue Prepaid Cleaning Insurance Expense Post the above journal entries to T accounts and determine the final balance in each account balance. (Note: Posting

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Deferred Revenue Prepaid Cleaning Insurance Expense Post the above journal entries 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 of journal entries presented in the previous question.) Winds Quest Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31,2024: 1. Purchased a one-year insurance policy on June 1 for $2,040 cash. 2. Paid $6,400 on August 31 for five months' rent in advance. 3. On September 4 , received $3.420 cash in advance from a corporation to sponsor a game each month for a total of nine months for the most improved students at a local school. 4. Signed a contract for cleaning services starting December 1 , for $980 per month. Paid for the first two months on November 30. (Hint: Use the account Prepaid Cleaning to record this prepayment.) 5. On December 5 , received $1,450 in advance from a gaming club. Determined that on December 31,$480 of these games had not yet been played. Rent Expense Repairs and Maintenance Expense

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