< > ACC106 Lab #4 Ch# 3 1 ho education.wiley.com ACC106 Lab #4 Ch# 3 WP NWP Assessment Player Ul Application Question 2 of 4 < > View Policies -/2 E Current Attempt in Progress Wildhorse Coffeeshop began operations April 1. At April 30, the trial balance shows the following balances for selected accounts: Prepaid Insurance $3,384 Equipment 22,400 Notes Payable 19,400 Unearned Revenue 4,450 Service Revenue 1,700 Analysis reveals the following additional data. 1. Prepaid insurance is the cost of a 2-year insurance policy, effective April 1. 2. Depreciation on the equipment is $400 per month. 3. The note payable is dated April 1. It is a 6-month, 6% note. 4. Services delivered to customers but not recorded at April 30 totalled $1,560. 5. Provided $680 of services to customers who had paid at the beginning of the month. Prepare the adjusting entries for the month of April. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)