P3-1A Normandy Psychiatric Group had the following selected transactions during January: Jan. 1 Prepaid insurance for January through March, $600. 4 5 8 11 Performed medical service on account. $1,000. Purchased office furniture on account, $150. Paid advertising expense. $450. Purchased office equipment for cash, $800. 19 Performed medical service and received cash, $700. 24 26 29 31 Collected $400 on account for January 4 service. Paid account payable from January 5. Paid salary expense, $900. Recorded adjusting entry for January insurance expense (see Jan. 1). 31 Debited unearned revenue and credited revenue to adjust the accounts. $600. Required 1. Show how each transaction would be handled using the accrual basis of accounting. Give the amount of revenue or expense for January. Journal entries are not required. Use the following format for your answer, and show your computations: Amount of Revenue (Expense) for January Date Revenue (Expense) Accrual-Basis Amount