Utrecht Company prepares monthly financial statements. For each item below, determine whether Utrecht needs to record an adjusting journal entry at the end of June, 2018. Note: Enter Y for yes, or N for No. 1. A customer purchased products from Utrecht on May 26, 2018; they pay Utrecht cash on June 30. 2. Utrecht received $800 from a customer on May 24, 2018. In exchange, Utrecht agreed to deliver products to the customer on June 15 and did so. 3. Utrecht paid $3,000 cash for rent on its warehouse on May 29. The rent covers the month of June. 4. Utrecht paid $4,500 cash for rent on its storefront on June 30. The rent covers the month of June. 5. Utrecht purchased $14,000 worth of inventory on May 25; $10,000 was paid in cash at that time and the remaining $4,000 is paid in cash on June 30. 6. Utrecht received $1,200 from a customer on June 15, 2018. In exchange, Utrecht agreed to deliver products to the customer on July 1.