Cash Accounts Receivable Supplies \begin{tabular}{l} Equipment \\ \hline Date Explanation \\ Jan. 1 Balance \\ \hline Accumulated Depreciation- \\ \hline \end{tabular} Equipment \begin{tabular}{|cccc|} \hline Date & Explanation & Ref. & Debit \\ Jan, 1 Balance & & \\ \hline & Adjusting & 32 & \\ \hline \end{tabular} As of January 31 , the following adjusting entry data are available. 1. A count of baking supplies reveas that none were used in January. 2. Another month's worth of depreciation needs to be recorded on the $1,200 of baking equipment bought in November. (Recall that the baking equipment has a useful life of 5 years or 60 months and no salvage value.) 3. An additional month's worth of interest on her grandmother's $2,000 loan needs to be accrued. (The interest rate is 6%.) 4. During the month, $110 of insurance has expired. 5. An analysis of the unearned service revenue account reveals that Natalie has not had time to teach any of these lessons this month because she has been so busy selling mixers. As a result, there is no change to the unearned service revenue account. Natalie hopes to complete the remaining lessons in February. 6. An inventory count of mixers at the end of January reveals that Natalie has three mixers remaining. Cash Accounts Receivable Supplies \begin{tabular}{l} Equipment \\ \hline Date Explanation \\ Jan. 1 Balance \\ \hline Accumulated Depreciation- \\ \hline \end{tabular} Equipment \begin{tabular}{|cccc|} \hline Date & Explanation & Ref. & Debit \\ Jan, 1 Balance & & \\ \hline & Adjusting & 32 & \\ \hline \end{tabular} As of January 31 , the following adjusting entry data are available. 1. A count of baking supplies reveas that none were used in January. 2. Another month's worth of depreciation needs to be recorded on the $1,200 of baking equipment bought in November. (Recall that the baking equipment has a useful life of 5 years or 60 months and no salvage value.) 3. An additional month's worth of interest on her grandmother's $2,000 loan needs to be accrued. (The interest rate is 6%.) 4. During the month, $110 of insurance has expired. 5. An analysis of the unearned service revenue account reveals that Natalie has not had time to teach any of these lessons this month because she has been so busy selling mixers. As a result, there is no change to the unearned service revenue account. Natalie hopes to complete the remaining lessons in February. 6. An inventory count of mixers at the end of January reveals that Natalie has three mixers remaining