Chee 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 SPC would make. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a Prepaid Insurance shows a balance of zero at September 30, but Insurance Expense shows a debit balance of $2,340, representing the cost of a three-year fire insurance policy purchased on September 1 of the current year b. On August 31 of this year, Cash was debited and Service Revenue was credited for $1,500. The $1,500 related to fees for a three- month period beginning September 1 of the current year c The company's income tax rate is 20 %. After making the above adjustments, SPC's net income before tax is $10,000 No income tax has been paid or recorded es View transaction list Journal entry worksheet 2 1 Record the adjusting entry for Insurance expense of $2,340 representing the cost of a three-year fire insurance policy that was purchased on September 1 of the current year Next> 1 of 7 Prov Journal entry worksheet 2 3 Record the adjusting entry for Insurance expense of $2,340 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. Credit Debit General Journal Transaction a View general journal Clear entry Record entry 1 of 7 Next Prev Journal entry worksheet 1 2 3 Record the adjusting entry for $1,500 received on August 31 of this year and credited to service revenue relating to fees for a three-month period beginning September 1 of the current year. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet