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Q3. Terry Thomas and a group of investors incorporated the Green Thumb Lawn Care Corporation on April 1. At April 30, the trial balance shows

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Q3. Terry Thomas and a group of investors incorporated the Green Thumb Lawn Care Corporation on April 1. At April 30, the trial balance shows the following balances for selected accounts. Prepaid Insurance 3,6001 Equipment 28,000 + Notes Payable 20.000 Unearned Service Revenue 4.200 + Service Revenue 1800 ? Analysis reveals the following additional data pertaining to these accounts. 1. Prepaid insurance is the cost of a 2-year insurance policy, effective April 1. 2. Depreciation on the equipment is 500 per month. 3. The note payable is dated April 1. It is a 6-month, 6% note. 4. Seven customers paid for the company's 6-month lawn service package of 2600 beginning in April. These customers received the first month of services in April. 5. Lawn services performed for other customers but not billed at April 30 totaled 1,500. Instruction (20 pts): Prepare the adjusting entries for the month of April. Show computations. of accounting transactions? (10 nts)

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