Question: Please only attempt if you can solve the question with a proper explanation. Please do not copy from Chegg. Dave Harris opened a lawn service

Please only attempt if you can solve the question with a proper explanation. Please do not copy from Chegg.

Please only attempt if you can solve the question with a proper

Dave Harris opened a lawn service company on April 1, 2012. At April 30, the trial balance shows the following selected accounts shown below: Prepaid Insurance $3,600 Equipment $28,000 Notes Payable $20,000 Unearned Service Revenue $4,200 Service Revenue $1,800 Analysis of the accounts revealed 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 $500 per month 3. The note payable is dated April 1. It is a 6-month 12% note 4. Seven customers paid for the company's 6 month's lawn service package of $600 beginning April. The company performed services for these customers in April 5. Lawn services provided other customers but not recorded at April 30 totaled $1,500 Instructions: Prepare the adjusting entries for the month of April and show your computations

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