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please , solve the assignment ? PRACTICE PROBLEM The Green Thumb Lawn Care Ltd. began on April 1. At April 30, the trial balance shows
please , solve the assignment ?
PRACTICE PROBLEM The Green Thumb Lawn Care Ltd. began on April 1. At April 30, the trial balance shows he following balances for selected accounts. (Amounts are in Chinese yuan.) Prepaid Insurance 36,000 Equipment 280,000 Notes Payable 200,000 Unearned Service Revenue 42,000 Service Revenue 18,000 Analysis reveals the following additional data. 1. Prepaid insurance is the cost of a 2-year insurance policy, effective April 1. 2. Depreciation on the equipment is 5,000 per month. 3. The note payable is dated April 1. It is a 6-month, 12% note. Scanned with CamScanner SC he Accounts 4. Seven customers paid for the company's 6-month lawn service package of 6,000 beginning in April. The company performed services for these customers in April. 5. Lawn services performed for other customers but not recorded at April 30 totaled 15,000 Instructions Prepare the adjusting entries for the month of April. Show computations. Scanned with CamScanneStep by Step Solution
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