Please make a general journal entry for each question.

1. As of December 31, Green Thumb has not recorded any insurance expense for the new policy purchased for $18,000 for a three-year policy with coverage starting on 12/15/19.

2. Green Thumb depreciates its equipment at a rate of $7,000 per year. No depreciation expense has been recorded yet for 2019.

3. For the service revenue collected on December 15th, collected $3,000 for plant maintenance to be performed from 12/15/19 to 1/15/20.

4. Erica let you know that she provided $2,900 of services to a customer in December that had not yet been billed.

5. Green Thumb has incurred salaries of $3,000 at the end of the year. The next payroll date is 1/2/20. (Ignore payroll taxes and withholdings).