Novak Games Inc. adjusts its accounts annually. The following information is available for the year ended December $31,2027.$

$1$ Purchased a $1-$year insurance policy on June $1$ for $$2,268$ cash.

$2.$ Paid $$8,190$ on August $31$ for $5$ months' rent in advance.

$3.$ On September $4,$ received $$4,536$ 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.

$4.$ Signed a contract for cleaning services starting December $1$ for $$1,260$ 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 $$1,890$ in advance from a gaming club. Determined that on December $31,$$$610$ of these games had not yet been played.

$($a$)$

For each of the above transactions, prepare the journal entry to record the initial transaction. $($Credit account titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries$)$

No$.$

Date

Account Titles and Explanation

Debit

$1,$ June $1,2027,V$ I

$2$

$3.$

$4.$

$5.$

List of Accounts

Save for Later

Last saved $59$ seconds ago.