Record the initial and subsequent transaction for each of the following independent situations using the numerals to group the transaction:

1.June 01: Jane's Technically Correct received $ 24,000 for a 12-month service contract.

December 31: A year-end adjusting journal entry is required to update the balance.

2.January 13: Jane's Technically Correct did $ 10,000 software updates for a client. Payment will be received at the end of February.

February 28: A journal entry is required to record receipt of payment.

3.November 01: Jane's Technically Correct purchased $ 7,000 office supplies on account.

December 31: Jane counted the office supplies and noted that there was $ 6,000 supplies on hand. Thus, the balance needs to be updated.

4.May 01: Because of additional job contracts, Jane's Technically Correct leased a computer for $900, which represented a 5-month rental contract.

October 01: Jane's Technically Correct needs to adjust the prepaid account.