need assistance

Raymond works at Ondricka inc as a Staff Accountant. He went to some school in Ames and doesn't have the accounting skills you havel Raymond approached you and asked for your help with the following adjusting journal entries. Ondricka Inc prepares annual financial statements every Decemb (Tip: Before determining any adjusting entries, you may want to write out the originating entry (if any) on scratch paper) PART A On May 1, 2023, Ondricka inc received $61,200 in advance from a customer for 12 months' rent beginning on the same day (May 1 ). Prepare the adjusting entry required on December 31,2023