prepare the following T ststements

Post the iournal entries in parts (a) and (b) to T-accounts and determine the final balance in each account. (Note: Posting to the oblem Wildhorse 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 $2,016cash. 2. Paid $7,280 on August 31 for 5 months' rent in advance. 3. 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. 4. 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) 5. 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. Prepaid Cleaning Insurance Expense Rent Expense Maintenance and Repairs Expense