During 2020 KIWI Company had the following transactions related to current liabilities. Date Transaction description Borrowed $600 from ABC Co. by signing an 11-month, 10% note. May 1 Dec 1 Received an advance payment of $500 from Moon Co. for a service to be performed in 4 months Dec 31 $200 worth of services were performed for Moon Co.. Dec 31 Prepared adjusting entry to record interest for note issued to ABC Co. Required: Prepare the journal entries for the above transactions ( 16 points) DATE ACCOUNT TITLES DEBIT CREDIT May. 1 $ DATE ACCOUNT TITLES DEBIT CREDIT Dec. 1 $ Dec 1 Received an advance payment of $500 from Moon Co. for a service to be p Dec 31 $200 worth of services were performed for Moon Co.. Dec 31 Prepared adjusting entry to record interest for note issued to ABC Co. Required: Prepare the journal entries for the above transactions ( 16 points) DATE ACCOUNT TITLES DEBIT CR May 1 $ - DATE DEBIT CRE Dec. 1 Service Revenue Unearned Service Revenue Accounts Payable Cash Interest Expense Interest Payable Notes Receivable Notes Payable Accounts Receivable $ $ DATE ACCOUNT TITLES DEBIT CRED Dec. 31 $ IS DATE ACCOUNT TITLES DEBIT CREDIT DI ** 6 acer DATE ACCOUNT TITLES DEBIT CREDIT Dec. 31 $ $ DATE ACCOUNT TITLES DEBIT CREDIT Dec. 31 GA . $