Problem 7 Grand Oak Hospital's December 31, 20X0, preadjusted trial balance includes the following accounts, among others: Temporary investments Grading Grade: out of (max): 1 $54,000 Accrued interest receivable Deferred rental income $0 To be determined below $14,500 $19,800 $0 To be determined below $0 To be determined below $0 To be determined below Deferred tuition income Interest income Rental income Tuition Income The following additional information is available: 1. On May 1, 20X0, the hospital invested $54,000 (face value) in temporary investments that will pay 8% interest back annually on May 1, beginning May 1, 20X0 2. On June 1, 20X0, the hospital received a year's rent in advance 3. On October 1, 20X0, the hospital received six months' tuition in advance for one of its educational programs Required: Prepare, in general journal form, the necessary adjusting entries at December 31, 20X0 Date 1) 2) 3) Description Dr: Cr: