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Pharoah Games Inc. adjusts its accounts annually. The following information is available for the year ended December 3 1 , 2 0 2 2 .

Pharoah 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 $2,016 cash.
Paid $7,280 on August 31 for 5 months' rent in advance.
On September 4, received $4,032 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.
Signed a contract for cleaning services starting December 1 for $1,120 per month. Paid for the first 2 months on November 30.(Hint: Use the account Prepaid Cleaning to record prepayments.)
On December 5, received $1,680 in advance from a gaming club. Determined that on December 31,$540 of these games had not yet been played.
(a)
Record each of the above transactions in the tabular summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)
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