12.00 points Service Pro Corp (SPC) is preparing adjustments for its September 30 year-end. For the following transactions and events, show the September 30 adjusting entries that SPC would make (If no entry is required for a transactionlevent, select"No Journal Entry Required" in the first account field.) Prepaid Insurance shows a balance of zero at September 30, but Insurance Expense shows a debit balance of $2,232, representing the cost of a three-year fire insurance policy that was purchased on a September 1 of the current year b. On August 31 of this year, Cash was debited and Service Revenue was credited for $1,410. The $1,410 related to fees for a three-month period beginning September 1 of the current year The company's income tax rate is 39% After making the above adjustments, SPC's net income before tax is $10,000. No income tax has been paid or recorded C. View transaction list Journal entry worksheet Record the adjusting entry for Insurance expense of $2,232 representing the cost of a three- year fire insurance policy that was purchased on September 1 of the current year Note: Enter debits before credits. General Journal Debit Credit Insurance Expense Prepaidd Insurance 62 Record entry Clear entry View general journal here to search