Used prepaid insurance of $370. The Prepaid Insurance unadjusted balance as of December 31 is $8,500 Adjustment Type: Prepaids (Deferrals) Insurance Expense Prepaid Insurance Dec 31 370 Dec. 31 1,500 370 Dec 11 Bal 370 Bal 8.130 Completed services that were paid for six months earlier, 53,660, The Service Revenue unadjusted balance as of December 31 is $7,300. The Unearned Revenue balance as of December 31 is $11,000 Adjustment Type: Accrual Unearned Revenue Service Revenue 7.300 Dec 31 Dec 31 3.600 11,000 Dec. 31 3,660 Dec 31 10.960 B 7,400 Bal