Cactus Company's annual accounting year ends on June 30. Assume it is June 30, and all of the entries except the following adjusting jounal entries have been made: a The company earned service revenue of $3,000 on a special job that was completed June 29 Collection will be made during July; no entry has been recorded. b. On March 31, Cactus paid a six-month premium for property insurance in the amount of $4.200 for coverage starting on that date. Cash was credited and Prepaid Insurance was debited for this amount. c. At June 30, wages of $1,900 were earned by employees but not yet paid The employees will be paid d. On June 1, Cactus collected two months revenue of 5550. At that date, Cactus debited Cash and Depreciation of $2.500 must be recognized on a service truck purchased on July 1 of the previous on the next payroll date, which is July 15 credited Unearned Revenue for $550. One-half of it has now been earned but not yet recorded f Cash of $5.400 was collected on May 1 for services to be rendered evenly over the next year beginning on May 1 Uneaned Revenue was credited when the cash was received Some of it has g The company owes interest of $700 on a bank loan taken out on February 1. The interest will be paid h. The income after all adjustments except income taxes was $30,000. The company's federal income tax now been earned but not yet recorded when the loan is repaid next year on January 31 rate is 15% Compute and record income tax expense. Required Indicate the accounting equation effects (amount and direction) of each adjusting journal entry. Provide an appropriate account name for any revenue and expense effects (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign.) Stockholders' Equity 3.000 3,000 ervice Revenue