Question: Please help The Green Company started its activities on June 1. At June 30, the trial balance shows the following balances for selected accounts. Prepaid

 Please help The Green Company started its activities on June 1.

Please help

At June 30, the trial balance shows the following balances for selected

The Green Company started its activities on June 1. At June 30, the trial balance shows the following balances for selected accounts. Prepaid Insurance 3 7.200 Machinery 56,000 Fi Notes Payable 40,000 Unearned Service 8400 Revenue Service Revenue 3,600 Analysis reveals the following additional data. 1. Prepaid insurance is the cost of a 2-year insurance policy, effective June 1. 2. Depreciation on the Machinery is $1000 per month. 3. The note payable is dated June 1. It is a 6-month, 10% note. 4. Seven customers paid for the company's 6-month lawn service package of $600 beginning in June. The company performed services for these customers in June. A-Prepare adjusting entries from selected data (4 points) B- Post them to Ledger. (2 points)

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