Can someone show me how to go about these adjustment entries. I’m really confused. 2. Unearned r

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Can someone show me how to go about these adjustment entries. I'm really confused.

2. Unearned rent revenue $429,000. The company began subleasing office space in its new building on Nov. 1. Each tenant is required tp make a $5000 deposit that is notrefundable until occupancy is terminated. At Dec. 31, the company had the following rental contracts that are paid in full for the entire term of the lease.

Date Term in months Monthly rent # of leases

——————————————————————————–

Nov. 1 6 $6000 5

Dec. 1 6 $8,500 4

3.Prepaid advertising $13,200. This balance consists of payment on two advertising contracts. The contracts provide for monthly advertising in two trade magazines. theterms of the contracts are as shown below.

Contracts Date Amount # of Magazine Issues

——————————————————————————–

A650 May 1 $6,000 12

B974 Oct. 1 7,200 24

The first advertisement runs in the month on which the contract is signed.

4. Notes payable $60,000. This balance consists of a note for one year at an annual interest rate of 12%, dated June 1.

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