The following transactions occur for Cardinal Music Academy during the month of October: a. Provide music lessons to students for $12,000 cash. b. Purchase prepaid insurance to protect musical equipment over the next year for $3,600 cash c. Purchase musical equipment for $15,000 cash. d. Obtain a loan from a bank by signing a note for $20,000. Record the transactions. The company uses the following accounts: Cash, Prepaid Insurance, Equipment, Notes Payable, and Service Revenue. View transaction list Journal entry worksheet 4 Provide music lessons to students for $12,000 cash Note: Enter debits before credits. Transaction General Journal Debit Credit Service revenue Record entry Clear entry View general journal