Brandon Company's annual accounting year ends on June 30. It is June 30, 2003, and all of the 2003 entries except the following adjusting entries have been made:

a. On March 30. 2003. Brandon paid a six-month premium for property insurance. $3,200. for coverage starting on that date. Cash was credited and Prepaid Insurance was debited for this amount.

b. At June 30. 2003. wages of $900 were earned by employees but not yet paid. The employees will be paid on the next payroll date. July 15, 2003.

c. On June 1 , 2003, Brandon collected two months' maintenance revenue of S450. At that date.

Brandon debited Cash and credited Unearned Maintenance Revenue for S450.

d. Depreciation of $3,000 must be recognized on a service truck that cost $15,000 on July 1. 2002.

e. Cash of $4,200 was collected on May 1, 2003, for services to be rendered evenly over the next year beginning on May 1 . Unearned $ervice Revenue was credited when the cash was received.

/ On February 1, 2003, the company borrowed $16,000 from a local bank and signed a 9 percent note for that amount. The principal and interest are payable on maturity date. January 31. 2004.

g. On June 15, 2003, the company received a $500 tax bill from the city for the first half of 2003 property taxes on land; the bill is payable during July 2003.

h. The company earned service revenue of $2,000 on a special job that was completed June 29.

2003. Collection will be made during July 2003; no entry has been recorded.

Required: 1. Indicate whether each transaction relates to a deferred revenue, deferred expense, accrued revenue, or accrued expense. 2. Give the adjusting entry required for each transaction at June 30. 2003.