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Sunland Games Inc. adjusts its accounts annually. The following information is available for the year...

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Accounting

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Sunland Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31 , 2025 . 1. Purchaed a 1-year insurance policy on June 1 for $1,980 cash. 2. Paid $6,240 on August 31 for 5 months' rent in advance. 3. On September 4 , received $3,510 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 $960 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 $1,440 in advance from a gaming club. Determined that on December 31,$455 of these games had not vet been played. (a) For each of the above transactions, prepare the journal entry to record the initial transaction. (List all debit entries before creditentries. If no entry is required, seifect "No Entory for the account tities ond enter o for the amounte No. Date Account Titles and Explanation 1. June 1, 2025 Aug. 31, 2025 Sept. 4, 2025 2. Nov. 30, 2025 Deci. 5, 2025 3. 5

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