Sheritan Games Inc adjusts its accounts annually. The fallowing information is avallathe for the year ended December 31,2022 . 1. Purchased a 1-year imuranke policy on June 1 for 51.500 cash 2. Paid $5460 on Aupust 31 for 5 months' rent in advance 3. On September 4 recewed $3.060 cash in advance from a corporation to sponsor a kame each month tor a total of 9 months for the most improved students at a local school Cleoning to record prepaymentsJ For each of the ahove tramactiom, prepare the joumst entry to recot the in thal transaction of no entry is required, select "No Entry" for the occount titer and enter o for the amounts. Credit account titles ore dutomaticaliy indented when the amount is entered Do not indent manuclly. For each of the above transactions, prepare the journal entry to record the initial transaction. (ff no entry is required, select "No Entry' for the account titles and enter 0 for the amounts. Credit occount titles are dutomaticolly indented when the omount is entered, Do not indent manualily For vach of the abovetrantactions, prepare the adjusting journal entry that is requifed on December 31. (Hint Use theaccount Service Revenue focitedi3and) Malintenance and Repairs Expense for leen 4l) (Round answers to 0 decimol ploces, es. 5.275, If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit occount titles are outomatically indented when the amount is entered. Do not indent manually]. For each of the above transactions, prepare the adjusting fournal entry that is required on December 31 , I Hint: Use the account Service Reventiue for item 3 and Mainterance and Repatirs Expense for item. 4.) (Round answeis to 0 decimal places, e.s 5,275. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts. Credit accourt tities are automotically indented when the amount is entered. Do not indent manuallyJ Post the foumal entries in parts (a) and (b) to Toccounts and determine the finaf balance in eachaccount balance (Note Posting to the Cash account is not required.) (Round answers to 0 decimal places, es, 5,275. Post entries in the ordes displayed in the problem statenient) Post the lourral entries in patts (a) and (b) to T-iccounts and determine the final balarice in each account balance. (Note: Posting to the Cashaccount is not required) (Round answers to 0 decimal places, e. . 5.275. Post entries in the order displayed in the problem statement.) Unearned Service Revenue Prepaid Cleaning Insurance Expense Rent Expense Service Revenue Maintenance and Repairs Expense