General Journal structions On January 1, DogMart Company purchased a two-year iability insurance policy for $15,240 cash. The purchase was recorded to Prepaid Insurance, Required: Prepare the January 31 adjusting entry. Refer to the Chart of Accounts for exact wording of account titles Previa Instructions Chart of Accounts General Ledger ASSETS REVENUE 11 Cash 41 Fees Eamed 12 Accounts Receivable 13 Supplies 14 Prepaid Insurance 16 Office Building 17 Accumulated Depreciation-ofice Building EXPENSES 51 Advertising Expense 52 Insurance Expense 53 Interest Expense 54 Wages Expense 55 Supplies Expense 56 Utilities Expense 57 Depreciation Expense 59 Miscellaneous Expense LIABILITIES 21 Accounts Payable 22 Notes Payable 23 Uneamed Fees 24 Wages Payable 25 Interest Payable EQUITY 31 Owner, Capital 32 Owner, Drawing Previous Test for Grade All work saved Instructions Chart of Accounts General Journal Prepare the January 31 adjusting entry. Refer to the Chart of Accounts for exact wording of account files. PAGE 1 JOURNAL DATE DESCRIPTION POST. REF DEBIT CREDIT MOC PRO 22 Notes Payable 57 Depreciation Expense 59 Miscellaneous Expense 23 Uneamed Fees 24 Wages Payable 25 Interest Payable Previous