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Exercise 4.14 Stan Livingstone prcvides investment aevice to customers for fees. On 30 June 2022, it completed its first year of operations. Some of the ledger account balances of the business, before any year-end adjustments, are given Advertising prepaid I nvestment fees revenue Rent expense Computer database expenses Wages expenses Electricity expense $1,200 $350, ooo $17,280 Siz240 $113,800 5,840 No entries have been made to these accounts at any time during the year. An analysis of the business records reveals the following 2 The balance in Prepaid represents the amount paid for an advertisement in an investment magazine for I year. The agreement with the publisher stipulates the same amount of space each month and ccwers the period I September 2021 to 31 August 2022. The firm's lease in respect of the premises stipulates a rent of S1440 per month payable on the first day of each month, plus an annual amount equal to 0.5% of the annual fees earned. The extra rental is payable within 15 days of the end of the period. The computer database expense relates to an annual subscription to web based data on the share market and other investments. The subscription was taken out on I August 2021. The Electricity Expense ledger balance does not include the amount for June 2022. The account was received during July and amounted to $890. Required' Journalise the necessary adjusting entries.