points Save Rehaab Co. had the following transactions in the last three months of its year ended December 31 Oct 1-Paid $7,800 cash for future newspaper advertising Oct 1 - Paid $7.200 cash for 24 months of insurance through October 31 of the next year Nov 30 -- Received $6,600 cash for future services to be provided to a customer Dec 31 - Of the advertising paid for on November $5,200 worth is not used. Dec 31 - A portion of the insurance paid for on October 1 has expired. No adjustment was made in October to Prepaid Insurance Dec 31 - Services worth $4,500 are provided to the customer who paid on November 30 Required: 1. Prepare recording entries during the year for these transactions under the method that records prepaid expenses and unearned revenues at the time cash is paid or received in the balance sheet accounts. 2. Also prepare adjusting entries at the end of the year