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prepare journal entires Larkspur Games inc. adjusts its accounts annually. The following information is available for the year ended December 31,2022. 1. Purchased a 1
prepare journal entires Larkspur Games inc. adjusts its accounts annually. The following information is available for the year ended December 31,2022. 1. Purchased a 1 -year insurance policy on June 1 for $1,620 cash. 2. Paid $5,720 on August 31 for 5 months' rent in advance. 3. On September 4, received $3,240 cash in advance from a corporation to sponsor a game each month for a total of 9 months tor the most improved students at a local school. 4. Signed a contract for cleaning services starting December 1 for $880 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 $1,320 in advance from a gaming club. Determined that on December 31,$420 of these games had not yet been played
prepare journal entires
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