Roland CompanyRoland Company began operations on December $1$ and needs assistance in preparing December $31$ financial statements, including its year$-$end adjustments. The Tableau dashboard is provided to assist in the work.

$1.$ Record $($a$)$ the prepayment of insurance on December $1$ and $($b$)$ the adjusting journal entry for prepaid insurance on December $31.$

$2.$ Record $($a$)$ the advance payment from ABX and $($b$)$ the adjusting journal entry to unearned revenue on December $31.$