year ended December $31,2024$:

$A$$$3,600$ one$-$year insurance policy was purchased on April $1,2024.$

Paid $$5,500$ on August $31,2024,$ for five months' rent in advance. starting in October. $($Use the Unearned Revenue for the initial entry and Service Revenue for the adjusting entry.$)$

On December $15,2024,$ sold $$1,030$ of gift certificates to a local gaming club. On December $31,2024,$ determined that $$540$ of these gift certificates had not yet been redeemed. $($Use the account Unearned Revenue.$)$