Sunland C0. wishes to enter receipts and payments in such a manner that adjustments at the end of the period will not require reversing entries at the beginning of the next period. Record the following transactions in the indicated manner and give the adjusting entry on December 31, 2025. (Two entries for each part) (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) 1. An insurance policy for two years was acquired on April 1,2025 for $18,200. 2. Rent of $12,600 for six months for a portion of the building was received on November 1,2025