? Marigold Games Inc, adjusts its accounts annually. The following information is...
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Marigold Games Inc, adjusts its accounts annually. The following information is available for the year ended December 31,2025. 1. Purcharsed a 1-year insurance policy on June 1 for $1,380 cash. 2. Paid $5.070 on August 31 for 5 months rent in advance. 3. On September 4, received $2.610 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 schoot. 4. Signed a contract for cleaning services starting December 1 for $780 per month. Paid for the first 2 months con Nowember 30 . (Hint: Use the account Prepaid Cleaning to record prepayments) 5. On December 5 , received $1,170 in advance from a gaming club. Determined that on December 31,$370 of these games had notyet been played. (a) For each of the above transactions, prepare the journal entry to record the initial transaction. Uist all debit entries before credit entries. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts. Credit account titles are automaticolly. indented when the amount is entered. Do not indent manually)
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