Required: Service Pro Corporation (SPC) is preparing adjustments for its September 30 year-end. For the following transactions and events, show the September 30 adjusting entries SPC would make (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a Prepaid Insurance shows a balance of zero at September 30, but Insurance Expense shows a debit balance of $2,700, representing the cost of a three-year fire insurance policy purchased on September of the current year, b.On August 31 of this year, Cash was debited and Service Revenue was credited for $1800. The $1,800 related to fees for a three The company's income tax rate is 39%. After making the above adjustments, SPC's net income before tax is $10,000. No income tax has been paid or recorded View transaction flat Journal entry worksheet Record the adjusting entry for Insurance expense of $2,700 representing the cost of a three year fire Insurance policy that was purchased on September 1 of the current year Note the debits before credits Transaction General Journal Dobit Credit Record entry Clear entry View general Journal