David Miller opened a dental practice on January $1,2024.$ During the first month of operations, the following transactions occurred.

Miller performed services for patients totalling $$2,410.$ These services have not yet been recorded.

$,$ Utility expenses incurred but not paid prior to January $31$ totalled $$310.$

Purchased dental equipment on January $1$ for $$80,000,$ paying $$19,000$ in cash and signing a $$61,000,$ three$-$year note

payable. The equipment depreciates by $$500$ per month. Interest is $$480$ per month.

Purchased a one$-$year malpractice insurance policy on January $1$ for $$10,200.$

Purchased $$2,500$ of dental supplies. On January $31,$ determined that $$980$ of supplies were on hand.

Prepare the adjusting entries on January $31.($Credit account titles are automatically indented when the amount is entered. Do not indent

manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. List all debit entries before credit entries.$)$

No$.$ Account Titles and Explanation

Debit

Credit

$($To record depreciation expense for equipment.$)$

$($To record accrued interest.$)$