Gomez Company had the following transactions in the last two months of its year ended December 31. November 1 Paid 32,000 cash fer future advezt 1ding, Noverber 1 Pajd $3,000 cash Eor 12 montha of 1 darsanee through october 31 of the next yoar. Novenber 30 Jecedved 57,600 cash for future aervides to be provided to a custoner. Decenber 1 Paid \$4, bo cash for consulting to be recelved bver the next elght months, Deceaber 15 secelved s8, 250 cask for futare servieen te be provided to a custoner. Decenber 31 of the advertialng pajd for on Novenber 1,$1,150 worth 1 not yet uaed. Decenber 31 of the advertialng paid for on Novenber 1,$1,150 worth 1 not yet uad. Decerber 31 Insurance. Decerber 3 services Worta $, dod are not yet previded to the custorer wad paid on Decenber 31 one-elghth of the conauledng pald for on Decerber 1 and been reselved. Decenber 31 onemelghth of the conaulesin paid for on Decerber 1 asa boen received. Decenber 31 The donpany has performed $3,100 of services that the custarer paid for an Decenber 15 . Required: 1. Prepare entries for these transactions under the method that initially records prepaid expenses as assets and records unearned revenues as liabilties. Also prepare adjusting entries at the end of the year. 2. Prepare entries for these transactions under the method that intilily records prepaid expenses as expenses and records unearned revenues as revenues. Also prepare adjusting entries at the end of the year Complete this question by entering your answers in the tabs below. Prepare entries for these transactions under the method that initially records prepaid expenses as assets and records unearned revenues as liablities. Also prepare adjusting entries at the end of the year. (tf no entry is required for a transactionjevent, select "No journal. entry required' in the first account field.) Journal entry worksheet Note: Enter debits before credits. Note: Enter cebits before credis. Note: Enter dedits verore credics. Note: Enter debits before credits. Note: Enter debits before credits