Rosborough Company provides property management services to a variety of companies. At its fiscal year end on April 30, 2024, adjustments were required for the following items:
1. Services of $600 were provided but not recorded or collected.
2. Of the balance in the Unearned Revenue account, $250 of services have been provided.
3. Depreciation expense for the year ended April 30, 2024, was $4,850.
4. Interest of $545 on a note payable had accrued.
5. Prepaid insurance of $385 had expired.
6. Property taxes for the calendar year are payable every year on June 30. The company estimated property taxes for 2024 to be $3,912.

Instructions
a. Identify the adjustments for which it could be useful to prepare reversing entries.
b. Prepare these reversing entries on May 1, 2024.
c. Explain why and how the reversing entries are useful for these adjustments but not for the other adjustments.