Splish Splash Art is a centre that offers children's music and dance lessons. Splish Splash prepares annual financial statements and has a December 31,2023 , year-end a. On September 1, Splish Spash Aft collects $17,500 cash for dance iessons running from September 1,2023 to December 31,2023 b. On October 1, Splish Splash Art collects $7,200 cash in advance from the Music Box Inc (\$3,600 per month) to rent its performance stage for the full month of December 2023 and January 2024. c. On October 1, 2023, Splish Splash Art collects $11,300 cash for four months of music lessons for a local private school. The lessons run from October 1, 2023 to January 31,2024. Required: For the above transactions, record the initial journal entry and the adjusting entry required on December 31,2023 Feired