Help 12% Fri 10-37 PM N CHAPTER 04 HW-NOVA College Sy x + du/courses/152686/assignments/3902449 Paused Current Attempt in Progress 7 rces Bramble Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 2022 Purchased a 1-year insurance policy on June 1 for $1,800 cash. 1. Paid $6,370 on August 31 for 5 months' rent in advance. 2. On September 4, received $3,600 cash in advance from a corporation to sponsor a game each month for a total of 9 months for the most improved 3. students at a local school. Signed a contract for cleaning services starting December 1 for $980 per month. Paid for the first 2 months on November 30. (Hint: Use the account 4. Prepaid Cleaning to record prepayments) On December 5, received $1,470 in advance from a gaming club. Determined that on December 31, $465 of these games had not yet been played. 5. (a) Your answer is correct For each of the above transactions, prepare the journal entry to record the initial transaction (f 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) Credit Debit Account Titles and Explanation No. Date 100 Prepaid Insurance 1 June 1, 2022 1,800 Cash