When the accounts of Marigold Inc. are examined, the adjusting data listed below are uncovered on December 31, the end of an annual fiscal period. 1. The prepaid insurance account shows a debit of $5,856, representing the cost of a 2-year fire insurance policy dated August 1 of the current year. 2. On November 1, Rent Revenue was credited for $1,635, representing revenue from a subrental for a 3-month period beginning on that date. 3. Purchase of advertising materials for $854 during the year was recorded in the Advertising Expense account. On December 31, advertising materials of $273 are on hand. 4. Interest of $749 has accrued on notes payable. Prepare the following in general journal form. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry"for the account titles and enter for the amounts.) (a) The adjusting entry for each item. No. Account Titles and Explanation Debit Credit 1. Insurance Expense 1220 Prepaid Insurance 1220 2. Rent Revenue 545 Rent Receivable 545 3. Advertising Expense 273 Prepaid Advertising 273 4. Interest Expense 749 Interest Payable 749 (b) The reversing entry for each item where appropriate. No. Account Titles and Explanation Debit Credit 1. 2. Rent Receivable 545 Rent Revenue 545 3. Advertising Materials 273 Advertising Materials Expense 273 4