The data needed to determine month-end adjustments on Feb 28, for Flora's Floral Arrangement are as follows: i. Six months' insurance paid during the month is $3,600. Insurance expired is $600. ii. Depreciation of truck during the month is $3,000 iii. Interest owing, $480 iv. Billed customers for fees on February 28, $1,000. Cash received during the month for services to be performed was $2,000. On Feb 28, $900 of services have been performed. V. th A. Journalize the adjusting entries on 28" February, 2018 (10 pts). State your narratives. (2.5 pts) B. State what type of adjustment was (v) (0.5 pt) and state how the income statement and the balance sheet would be affected for the month of February if the adjustment for (v) was omitted (state your answer using the terms overstated and understated and also ensure you state what on the financial statements will be over or understated). (2 pts) A B 1 Journal Date Accounts Debit $$ Credit $$ Feb 28