QUESTION 4 For each of the following transactions for the Brazos Co., indicate the account that is debited and which is credited on the transaction date. . Brazos provides a service to a customer on April 12, with the customer paying cash at that time. Brazos purchases an insurance policy on June 24. The policy covers July 1 through September 30. Brazos purchases equipment, receiving it on October 15. The company signs a note payable, with the first installment due on November 15. Brazos sells 600 units of inventory on November 3. The price per unit is $6, and the cost per unit is $3.50. On April 30, Brazos pays employees $700 for wages earned during the month of April. Brazos provides a service to a customer on A. Cost of goods sold April 12, with the customer paying cash at that B. Prepaid insurance time. Debit: Brazos provides a service to a customer on April 12, with the customer paying cash at that time. Credit: Brazos purchases an insurance policy on June 24. The policy covers July 1 through September 30. Debit: Brazos purchases an insurance policy on June 24. The policy covers July 1 through September 30. Credit: Brazos purchases equipment, receiving it on October 15. The company signs a note allowing payment in three installments, with the first installment taking place on November 15.Debit: C. Revenue D. Note payable E. Cash, F. Equipment G. Inventory H. Wage expense