Wildhorse Quest Games adjusts its accounts annually. Assume that any prepaid expenses are initially recorded in asset accounts. Assume that any revenue collected in advance is initially recorded as liabilities. The following information is available for the year ended December $31,2024$:

A $$3,060$ one$-$year insurance policy was purchased on April $1,2024.$

Paid $$5,050$ on August $31,2024,$ for five months' rent in advance.

On September $27,2024,$ received $$3,050$ cash from a corporation that sponsors games for the most improved students attending a nearby school. The $$3,050$ was for $10$ games, worth $$305$ each, that are played on the first Friday of each month starting in October. $($Use the Unearned Revenue for the initial entry and Service Revenue for the adjusting entry.$)$

Signed a contract for cleaning services starting December $1,2024,$ for $$410$ per month. Paid for the first.three months on November $30,2024.($Use Prepaid Expenses for the initial entry and Office Expense for the adjusting entry.$)$

On December $15,2024,$ sold $$930$ of gift certificates to a local gaming club. On December $31,2024,$ determined that $$520$ of these gift certificates had not yet been redeemed. $($Use the account Unearned Revenue.$)$