the following transactions during 2018 (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize the transactions assuming that Rapid Way debits an asset account for prepaid expenses and credits a liability account for uneamed revenues. (Re- the journal entry table.) Nov. 1: Paid $4,000 store rent covering the four-month period ending February 28, 2019. Date Accounts and Explanation Debit Credit Nov. 1 Accounts Receivable Cash Insurance Expense Prepaid Insurance Nov. 1: Pa Prepaid Rent Rent Expense 0, 2019 Date Debit Credit Service Revenue Nov. 1 Uneaned Revenue Dec. 1: Collected $6,000 cash in advance from customers. The service revenue will be earmed $2,000 monthly over the three-month period ending February 28, 2019 Credit Debit Accounts and Explanation Date Choose from any list or enter any number in the input fields and then continue to the next question. Nov. 1: Paid $4,000 store rent covering the four-month period ending February 28, 2019 Date Accounts and Explanation Debit Credit Nov. 1 Nov. 1: Paid $4,800 insurance covering the six-month period ending April 30, 2019. Date Accounts and Explanation Debit Credit Nov. 1 Dec. 1: Collected $6,000 cash in advance from customers. The service revenue will be earned $2,000 monthly over the three-month period ending February 28, 2019. Credit Accounts and Explanation Debit Date Dec. 1 Choose from any list or enter any number in the input fields and then continue to the next question. Read the requirements. Dec. 1: Collected $3,000 cash in advance from customers. The service revenue will be earned $1,000 monthly over the three-month period ending February 28, 2019. Accounts and Explanation Date Credit Debit Dec. 1 explanation on the last line of the jounal entry tabl Requirement 2. Journalize the related adjusting entries at December 31, 2018. (Record debits first, then credits. Select the Nov. 1: Paid $4,000 store rent covering the four-month period ending February 28, 2019. Record the related adjusting entry at December 31, 2018. Date Accounts and Explanation Debit Credit Dec. 31 Nov. 1: Paid $4.800 insurance covering the six-month period ending April 30, 2019. Record the related adjusting entry at December 31, 2018. Debit Credit Accounts and Explanation Date Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question. (Click the icon to view the transactions) Read the requirements Dec. 1: Collected $6,000 cash in advance from customers. The service revenue wil be eamed $2.000 montly over the theee-month period ending February 28, 2019. Reoord the related adjusting entry at December 31, 2018 Date Accounts and Explanation Debit Credit Dec. 31 Breecionth period ending February 28, 2019 Record the related adjusting entry at December 31, 201 Dec. 1: Collected $3,000 cash in advance from customers. The service revenue will be eamed $1,000 monthly over the three Credi Accounts and Explanation Debit Date Dec 31 Requirement 3. Post the journal and adjusting entries to the T-acoounts, and show their balances at December 31, 2018 (gnore the Cash account) (Use dates as posting references to post the transactions and adjustmes posting reference to show the ending balance of each account When posting more than one entry on the same date to a single T-account, post to that account in the same onder as you prepared the entries in RRequremnt Review the joumal entries you prepared in Requirement 1 Review the adjusting entries you prepared in Requirement 2 emden B Choose from any list or enter any number in the input fields and then continue to the next question Rapid Way Pack'n Mal completed the following transactions during 2018: (Click the lcon to view the transactions.) Read the requirements. Prepaid Rent Unearned Revenue Service Revenue Prepaid Insurance Rent Expense Insurance Expense Requirement 4. Repeat Requirements 1-3. This time debit an expense account for prepaid expenses and credit a revenue account for unearned revenues. Journalize the entries assuming that Rapid Way debits an expense account for prepaid expenses and credits a revenue account for uneamed revenues. (Recorm table.) Nov. 1: Paid $4,000 store rent covering the four-month period ending February 28, 2019. Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question. Mail completed the following transactions during 2018: (Click the icon to view the transactions.) Read the requirements Nov. 1: Paid $4,000 store rent covering the four-month period ending February 28, 2019. Date Accounts and Explanation Debit Credit Nov. 1 Nov. 1: Paid $4,800 insurance covering the six-month period ending April 30, 2019. Date Accounts and Explanation Debit Credit Nov. 1 Dec. 1: Collected $6,000 cash in advance from customers. The service revenue will be eaned $2,000 monthly over the three-month period ending February 28, 2019. Debit Credit Date Accounts and Explanation Dec. 1 Choose from any list or enter any number in the input fields and then continue to the next question. Rapid Way Pack'n Mail completed the following transactions during 2018 (Click the icon to view the transactions.) Read the requirements. Dec. 1: Collected $3,000 cash in advance from customers. The service revenue will be eaned $1,000 monthly over the three-month period ending February 28, 2019. Credit Accounts and Explanation Debit Dec. 1 line of the joumal entry table.) Journalize the related adjusting entries at December 31, 2018. (Record debits first, then credits. Seloct the explanation on the Nov. 1: Paid $4,000 store rent covering the four-month period ending February 28, 2019. Record the related adjusting entry at December 31, 2018. Debit Credit Accounts and Explanation Date Dec. 31 Nov. 1: Paid $4,800 insurance covering the six-month period ending April 30, 2019. Record the related adjusting entry at December 31, 2018 Credit Debit Accounts and Explanation Date Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question. Read the requirements Dec. 1: Collected $6,000 cash in advance from oustomers. The service revenue will be eamed $2,000 monthly over the three-month period ending February 28, 2019. Record the related adjusting entry at December 31, 2018 Date Accounts and Explanation Debi Credit Dec. 31 Dec 1: Collected $3,000 cash in advance from customers The service revenue will be eamed $1,000 monthly over the three-efonth period ending February 28, 2019 Record the related adjsting entry at December 31, 2018 Date Accounts and Explanation Debit Credit Dec. 31 Post the entries to the T-accounts, and show their balances at December 31, 2018. (gnore the Cash account) (Use dates as posting references to post the transactions and adjutments Use a Bal" posting reference to show balance of each account When posting more than one entry on the same date to a single T-account, post to that account in the same order as you prepared the entries in Requirement 4.) Review the journal entries you prepared in Requirement 4 Review the adjusting entries you prepared in Requirement 4 Choose from any list or enter any number in the input fielids and then continue to the next question. Review the adjusting entries you prepared in Requirement 4. Prepaid Rent Unearned Revenue Service Revenue Prepaid Insurance Rent Expense Insurance Expense Requirement 5. Compare the account balances in Requirements 3 and 4. They should be equal. Review the T-accounts from Requirement 3. Review the T-accounts from Requirement 4 The account balances in Requirements 3 and 4 are Choose from any list or enter any number in the input fields and then continue to the next