$1.$ Provide music lessons to students for $\backslash (\backslash$$ $15,000\backslash )$ cash.

$2.$ Purchase prepaid insurance to protect musical equipment over the next year for $\backslash (\backslash$$ $3,960\backslash )$ cash.

$3.$ Purchase musical equipment for $\backslash (\backslash$$ $18,000\backslash )$ cash.

$4.$ Obtain a loan from a bank by signing a note for $\backslash (\backslash$$ $26,000\backslash ).$

Record the transactions. The company uses the following accounts: Cash, Prepaid Insurance, Equipment, Notes Payable, and Service Revenue. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

Provide music lessons to students for $\backslash (\backslash$$ $15,000\backslash )$ cash.

Note: Enter debits before credits.