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3) Question: Dareen Company records all prepayments in income statement accounts. At April 30, the trial balance shows Supplies expense $4,800, Service Revenue $10,500, and

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3) Question: Dareen Company records all prepayments in income statement accounts. At April 30, the trial balance shows Supplies expense $4,800, Service Revenue $10,500, and zero balances in related balance sheet accounts. Prepare the adjusting entries at April 30 assuming (a) $2,000 of supplies on hand. (b) $4,000 of service revenue should be reported as unearned

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