Whispering Winds Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 2022. 1. Purchased a 1-year insurance policy on June 1 for $ 1,740 cash. 2. Paid $ 5,980 on August 31 for 5 months' rent in advance. 3. On September 4, received $3,330 cash in advance from a corporation to sponsor a game each month for a total of 9 months for the most improved students at a local school. 4. Signed a contract for cleaning services starting December 1 for $920 per month. Paid for the first 2 months on November 30. (Hint: Use the account Prepaid Cleaning to record prepayments.) 5. On December 5, received $ 1,380 in advance from a gaming club. Determined that on December 31, $ 435 of these games had not yet been played. For each of the above transactions, prepare the journal entry record the initial transaction. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit CI 1. Dec. 5, 2022 2. 3. 4. 5. For each of the above transactions, prepare the adjusting journal entry that is required on December 31. (Hint: Use the account Service Revenue for item 3 and Maintenance and Repairs Expense for item 4.) (Round answers to 0 decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Dec. 31, 2022 Insurance Expense 1015 Prepaid Insurance 1015 2. Dec. 31, 2022 Rent Expense 4784 4784 Prepaid Rent 4784 Dec. 3. Unearned Ticket 2022 Unearned Ticket Revenue 1480 4. Dec. 31, 2022 Prepaid Cleaning 920 5. Dec. 31, 2022 Unearned Service Revenue Post the journal entries in parts(a) and (b) to Taccounts and determine the final balance in each account balance. (Note: Posting to the Cash account is not required.) (Round answers to decimal places, eg: 5.275. Post entries in the order displayed in the problem statement.) Prepaid Insurance 1740 Dec. 31 Adv 1015 Dec 31 Bal 725 Prepaid Rent Aug 31 5980 Dec 31 Ad Dec 31 Bal. Unearned Service Revenue Dec 31 ALV Sept 4 Dec 31 AdV Dees Dec 31 Bal. Prepaid Cleaning Nov. 20 Dec 31 AGL Dec 31 Bal Insurance Expense Dec. 31 ALV Rent Expense Dec 31 Adv Service Revenue Dec 31 Ad Dec 31 Ad Maintenance and Repairs Expense Dec 31 Ad