Required Information [The following Information applies to the questions displayed below.] The following are transactions for the Sky Blue Corporation: a. Collected $3,300 rent for the period October 1 to December 31, which was credited to Deferred Revenue on October 1. b. Paid $1,920 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 $51,600. The company estimates annual depreciation of $5,160. 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 field.) View transaction list Journal entry worksheet > 1 2 3 Record the rent revenue earned during October. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal >