i got the first half right, but can someone pls help me with the second?

Coronado Corporation began operations on January $2.$ Its year end is December $31,$ and it adjusts its accounts annually. Selected

transactions for the current year follow:

On February $2,$ purchased a $$24,000,$ one$-$year insurance policy for cash. The policy came into effect on that date.

On March $15,$ Coronado sold $$79,080$ in annual subscriptions for cash, with service to begin on April $1.$

Purchased a delivery drone for $$140,000$ on July $1$ Coronado paid $$40,000$ in cash and signed a $$100,000$ bank loan for the

balance. The drone is estimated to have a useful life of four years and the company uses straight$-$line depreciation. The bank

loan has an interest rate of $5\%.$

On November $1,$ the company purchased six months of cigital advertising at a cost of $$102,000.$ Coronado paid $$51,000$ cash

and the balance on account. The advertising was to commence on December $1$ and run at aconstant level for six consecutive

months.

On December $1,$ Coronado received $$12,000$ from the sale of gift cards which could be redeemed for services at a future date.

On December $31,$ it was determined that $60\%$ of the cards had been redeemed.

Your answer is correct.

For each of the above situations, prepare the journal entry for the initial transaction. $($Credit account tities are automotically indented

when amount is entered. Do not indent manually. List oll debit entries before credit entries. If noentry is required, select $"$No Enty" for the

account titles and enter $0$ for the amounts. Record joumal entries in

Your answer is incorrect

For each of the above situations, prepare any adjusting entry required at December $31.($Credit account titles are automatically

indented when amount is entered. Do not indent monually. Listall debit entries before credit entries. If no entry is required, select $"$No

Entry" for the account titles and enter $0$ for the amounts. Recond joumal entries in the order presented in the probiem.$)$