Door Step Pack'n Mail completed the following transactions during 2014: (Click the icon to view the transactions.) Read the requirements. More Info Nov. 1Paid S6,500 store rent covering the five-month period ending March 31, 2015. Nov. 1Paid S8,000 insurance covering the four-month period ending February 28, 2015. earned S800 monthly over the four-month period ending March 31, 2015. earned S1,500 monthly over the three-month period ending February 28, 2015 Dec. 1Collected $3,200 cash in advance from customers. The service revenue will be Dec. 1Collected $4,500 cash in advance from customers. The service revenue will be Requirements 1. Journalize the transactions assuming that Door Step debits an asset account for prepaid expenses and credits a liability account for unearned revenues Journalize the related adjusting entries at December 31, 2014. 2. 3. Post the journal and adjusting entries to the T-accounts, and show their balances at 4. Repeat Requirements 1-3. This time debit an expense account for prepaid expenses 5. Compare the account balances in Requirements 3 and 4. They should be equal. December 31, 2014 and credit a revenue account for unearned revenues