1-Journalize the above transactions.

2-Journalize the adjusting entries.

Summarized transactions for January were as follows: Jan. 1 Paid $3600 in advance for one year Insurance policy to Alico Co. Jan. 1 Received $ 6000 in advance in a management consulting engagement from AL-Marah Co. this Service will earned after three months. Jan.4 Purchase $4,000 Supplies on account from A.A Co. Jan. 15 Hired financial manager for accounting dep. for 10,000 Monthly, the payment date after one month. Jan.20 Purchase supplies for 8,000 cash from Dar Al Manal. Jan. 31 Paid $3,300 Cash for utilities to Bayena Co. At the end of the January: 1. Supplies on hand at Jan. 31 are $2,000. 2. Annual Dep. is $12,000 on the Equipment