is this right

transactions occur for Cardinal Music Academy during the month of October sic lessons to students for $15.000 cash repaid insurance to protect musical equipment over the next year for $3,960 cash usical equipment for $18,000 cash an from a bank by signing a note for $26.000 insactions. The company uses the following accounts Cash Prepaid Insurance Equipment, Notes Service Revenue en el Taction General Journal Cash Service revenue De 15.000 15.000 Prepaid insurance Cash 3.960 Equipment Cash 18.000 Cash 25.000 Notes payable 26.000