A two-year Insurance policy for $5,280 was purchased on November 1 of the current year. Record the transaction for the two months ended December 31. Adjustment Type: Insurance Expense Prepaid Insurance Recieved a bill for utilities for $7,920 which will be paid next month. Adjustment Type: Utilities Expense Utilities Payable Completed services that were paid for six months earlier, $4,320. The Service Revenue unadjusted balance December 31 is 57,200. The Unearned Revenue balance as of December 31 is 57.100 as of Adjustment Type: Unearned Revenue Service Revenue