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Sandhill Games Inc. adjusts its accounts annually. The following information is avallable for the year ended December 3 1 , 2 0 2 7 .

Sandhill Games Inc. adjusts its accounts annually. The following information is avallable for the year ended December 31,2027.
1 Purchased a 1-year insurance policy on June 1 for $2,160 cash.
2. Paid $7,800 on August 31 for 5 months' rent in advance.
3. On September 4, received $4,320 cash in advance from a corporation to sponsor a game each month for a total of 9 months for the most improved students at a local school.
4. Signed a contract for cleaning services starting December 1 for $1,200 per month. Paid for the first 2 months on November 30.(Hint: Use the account Prepaid Cleaning to record prepayments.)
5. On December 5, received $1,800 in advance from a gaming club. Determined that on December 31,$580 of these games had not yet been played.
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