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For each of the above transactions, prepare the adjusting journal entry that is sequired on December 31 . (Hint Use the account If no entry

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For each of the above transactions, prepare the adjusting journal entry that is sequired on December 31 . (Hint Use the account 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 monually.) 4. 31 , 2022 Dec. 5. 31 2022 Oriole 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 $2,280 cash. 2. Paid $7:280 on August 31 for 5 months' rent th advance. 3. On September 4 , received $4,050 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. Sizned a contract for cleaning services starting December 1 for $1,120 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 $1,680 in advance from a gaming club. Determined that on December 31.$530 of these games had not yet been played

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