Record one year prepaid insurance

Question

			General Journal			GJ1
Trans. #	April Date		Account Title	Post Ref	Debit Amt.	Credit Amt.
1	2		Cash		$ 15,000
			Common stock (1000 Shares)			1,000
			Additional paid in excess of par			14,000
			To record purchase of stock 1000 shares.
2	3		Vehicles		12,000
			Cash			2,000
			Notes payable			10,000
			To record purchase of truck for company.
3	4		Equipment		4,320
			Cash			4,320
			To record purchase of lawn mower.
4	7		Gas & Oil Expense		40
			Cash			40
			To record purchase of gas and oil.
5	8		Prepaid Insurance		1,200
			Cash			1,200
			To record one year prepaid insurance.
6	9		Office supplies		50
			Accounts payable			50
			To record purchase of office supplies.
7	10		Cash		350
			Lawn cutting revenue			350
			To record payment for seven lawns.
8	11		Cash		100
			Accounts recievable		125
			Lawn cutting revenue			225
9	12		Cash		500
			Unearned revenue			500
			To record prepayment with ABC Corp.
10	14		Advertising expense		50
			Cash			50
			To record advertisment.
11	15		Cash		75
			Accounts recivable		125
			Lawn cutting revenue			200
			To record 4 lawns.
12	16		Gas & Oil Expense		70
			Cash			70
			To record purchase of gas and oil.
13	16		Equipment		1,500
			Computer			1,500
			Purchased computer for business use.
14	17		Cash		85
			Accounts recivable		350
			Lawn cutting revenue			435
			To record 6 lawns.
15	18		Unearned revenue		225
			Lawn cutting revenue			225
			To record payment of billed services.
16	19		Wages		150
			Cash			150
			To record wages paid this week.
17	21		Gas & Oil Expense		75
			Cash			75
			To record purchase of gas and oil.
18	23		Cash		80
			Accounts recivable		95
			Lawn cutting revenue			175
			To record 4 lawns.
19	24		Cash		90
			Accounts recivable		175
			Lawn cutting revenue			265
			To record 4 lawns.
20	26		Gary personal		600
			Cash			600
			Owner personal use withdrawl.
21	30		Insurance expense		100
			Prepaid insurance			100
			Expired monthly insurance.
22	30		Supplies expense		30
			Supplies			30
			Supplies used
23	30		Depreciation expense		320
			Accumulated depreciation			320
			To record $120 dep mowers, 200 on truck.
					$ 37,880	$ 37,880