View Policies Current Attempt in Progress Jennifer Davis, D.D.S. opened a dental practice on January 1, 2022. During the first month of operations, the following transactions occurred. 1. Performed services for patients who had dental plan insurance. At January 31, $820 of such services was completed but not yet billed to the insurance companies. 2 Utility expenses incurred but not paid prior to January 31 totaled $610. 3. Purchased dental equipment on January 1 for $85,000, paying $27,000 in cash and signing a $58,000, 3-year note payable (interest is paid each December 31). The equipment depreciates $425 per month. Interest is $580 per month. 4. Purchased a 1-year malpractice insurance policy on January 1 for $25,920. 5. Purchased $1,600 of dental supplies (recorded as increase to Supplies). On January 31, determined that $300 of supplies were on hand. Prepare the adjusting entries on January 31. Account titles are Accumulated Depreciation-Equipment, Depreciation Expense. Service Revenue, Accounts Receivable, Insurance Expense, Interest Expense, Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, Utilities Expense, and Utilities Payable. (List all debit entries before credit entries. Credit account titles are automatically Indented when the amount is entered. Do not indent manually) Accounting down Question 4 Question S Question 6 Acting Question 7 Accounting Dropdown Question 8 Accounting Opdown Viewing Question 9 Accounting Dropdown Question 10 Accounting Dropdown Question 11 Accounting Dropdown Ma THOR R NORWE Nots Pats F Question 9 of 13 € > -/1 E 1 Expense, Utilities Expense, and Utilities Payable. (List all debit entries before credit entries. Credit account titles ore automatically indented when the amount is entered. Do not indent manually) No. Date Account Titles and Explanation Debit Credit 1. Jan. 31. Jan. 31 Jan. 31 (To record monthly depreciation) Jan. 31 2. 1 11 Question 2 Amounting Drop Question 3 Ang Drop Question 4 Acting D Question 5 Accourcing Dropdown Question 6 Accounting Dropdow Question 7 Accounting Dropdown Question 8 Accounting Dropdown Viewing Question 9 Accounting Dropdown Question 10 Accounting Dropdown ht NOE tiom No No t N Jan 31 Jan. 31 4. Jan. 31 5. Jan 31 eTextbook and Media List of Accounts Save for Later [To record monthly depreciation (To record interest on Notes payable) Attempts: 0 of 3 used MacBook Air Submit Antwer Question 3 Question 4 Question 5 Awn Question 6 Question 7 Acting Question 8 Viewing Question 9 Question 10 Question 11 Atturing Dropber Question 12 -JA A med -A 1 Noted A /1 4/1 -/1 -/1 -13