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It is asking for me to make journal entries. explanitions.) B2.6 (LO3) (Adjusting Entries) Karen Weller, D.D.S. opened a dental P. Was performed but not

It is asking for me to make journal entries.
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explanitions.) B2.6 (LO3) (Adjusting Entries) Karen Weller, D.D.S. opened a dental P. Was performed but not yet billed to the insurance companies. 2. Utility expenses incurred but not paid prior to January 31 totaled $520. 3. Purchased dental cquipment on January 1 for $80,000, paying $20,000 in cash and signinga $60,000, 3yyear note payable. The equipment depreciates $400 per month. Interest is $500 per month. 4. Purchased a one-year malpractice insurance policy on January 1 for $12.000. 5. Purchased $1,600 of dental supplies. On January 31 , determined that $500 of supplies were on hand. Instructions Prepare the adjusting entrics on January 31. (Omit explanations.) Account titles are Accumulated Depreciation-Equipment, Depreciation Expense, Service Revenue, Accounts Receivable, Insurance Expense, Interest Expense, Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, Utilities: Expenses, and Accounts Payable. Service Revenue at December 31,2024 ? ments. Below is some information related to unrecorded expenses that the business incurred during August. 1. At August 31, Roddick owed his employees $1,900 in wages that will be paid on September 1 . 2. At the end of the month, he had not yet received the month's utility bill. Based on past experience. he estimated the bill would be approximately $600. 3. On August 1, Roddick borrowed $30,000 from a local bank on a 15 -year mortgage. The annual interest rate is 8%. 4. A telephone bill in the amount of $117 covering August charges is unpaid at August 31 . Instructions Prepare the adjusting journal entries as of August 31,2025 , suggested by the information above

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