3. (6 points total, 3 points each) On November 1st, clients of Great Designs Company prepaid $3,712.50 for services to be provided in the future at a rate of $82 .50 per hour. ldo (a) Journalize the receipt of this cash. credit ) Account title De bit Date cash NOV- 53,7/2.50 saiaries gnd wages payable 6 3,712.60 (b) As of November 30th, Great Designs shows that 12 hours of services have been provided on this agreement. Prepare the necessary journal entry to record this. credit nX82.S0 1990 Debit Date nccoun tte NOV-30 B990 Service revenue 990