Required information [The following information applies to the questions displayed below]] The following are transactions for the Sky Blue Corporation: a. Collected $4,350 rent for the period October 1 to December 31 , which was credited to Deferred Revenue on October 1 . b. Paid $2,760 for a two yeat insufance premium on October 1 and debited. Prepaid insurance for that amount. c. Used o machine purchased on October 1 for $55,800. The company estimates annuar depreciation of $5,590. Required: For each of the above transactions for the Sky Blue Corporation, give the accounting equation effects of the adjustments required at the end of the month on October 31 (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) Required information [The following information applies to the questions displayed below] The following are transactions for the Sky Blue Corporation: a. Collected $4,350 rent for the period October 1 to December 31 , which was credited to Deferred Revenue on October 1 . b. Paid $2,760 for a two-year insurance premium on October 1 and debited Prepaid Insurance for that amount, c. Used a machine purchased on October 1 for $55,800. The company estimates annual depreciation of $5,580. Required: For each of the above transactions for the Sky Blue Corporation, prepare the adjusting journal entries required on October 31 . (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account fleld.) Journal entry worksheet Record the rent rovenue earned during October. Nobet Lites debits before credits