The following transactions occur for Cardinal Music Academy during the month of October: a. Provide music lessons to students for $11,500 cash. b. Purchase prepaid insurance to protect musical equipment over the next year for $3,540 cash. c. Purchase musical equipment for $14,500 cash. d. Obtain a loan from a bank by signing a note for $19,000. Record the transactions. The company uses the following accounts: Cash, Prepaid Insurance, Equipment, Notes Payable, and Service Revenue. View transaction list Journal entry worksheet View transaction list Journal entry worksheet Provide music lessons to students for $11,500 cash. Note: Enter debits before credits. Transaction Credit General Journal Cash Service revenue Debit 11,500 a. 11,500 Record entry Clear entry View general journal Journal entry worksheet Purchase prepaid insurance to protect musical equipment over the next year for $3,540 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit b. Record entry Clear entry View general Journal View transaction list Journal entry worksheet Purchase musical equipment for $14,500 cash. Note: Enter debits before credits Transaction General Journal Debit Credit C. Record entry Clear entry View general journal View transaction list Journal entry worksheet Obtain a loan from a bank by signing a note for $19,000. Note: Enter debits before credits. Transaction General Journal Debit Credit d. Record entry Clear entry View general journal