The following transactions occurred and were properly recorded during $2023$:

February $2,2023$: The Company paid rent in the amount of $$12,000$ for a lease that commences March $1,2023$ ad expires February $28,2024.$

June $14,2023$: The Company paid $$2,400$ in advance for an insurance policy which runs from July $1,2023$ through June $30,2024.$

August $10,2023$: The Company received $$14,400$ cash in advance for services to be performed

in December $2023.$

Year$-$end adjustments

ADJ $1$: Record rent expense for $2023$ related to the February $2$nd payment assuming no entries have been made throughout $2023.$

ADJ $2$: Record insurance expense for the year related to the June $14$th payment.

ADJ $3$: Record the revenue for services performed in accordance with the August $10$th transaction.

The following transactions occurred and were properly recorded during $2023$:

February $2,2023$: The Company paid rent in the amount of $$12,000$ for a lease that commences March $1,2023$ ad expires February $28,2024.$

June $14,2023$: The Company paid $$2,400$ in advance for an insurance policy which runs from July $1,2023$ through June $30,2024.$

August $10,2023$: The Company received $$14,400$ cash in advance for services to be performed

in December $2023.$

Year$-$end adjustments

ADJ $1$: Record rent expense for $2023$ related to the February $2$nd payment assuming no entries have been made throughout $2023.$

ADJ $2$: Record insurance expense for the year related to the June $14$th payment.

ADJ $3$: Record the revenue for services performed in accordance with the August $10$th transaction.