January Events Adjusting Entries \begin{tabular}{|c|c|l|} \hline 11 & 1/31/2022 & Received a $1,500 bill for utilities consumed in January's that will be paid in February. \\ \hline 12 & 1/31/2022 & Company employees earn $5,000 in salaries in the last half of January to be paid in February. Record the expense and the liability (payable). \\ \hline 13 & 1/312022 & Record one month of depreciation on the building and equipment. The building is being depreciated at a rate of $400 per month T4. \\ \hline 14 & 1/31/2022 & One month of pre-paid rent from 1/1/2022 has expired. T-2 \\ \hline 15 & 1/31/2022 & $1,500 of supplies remain in supplies inventory at the end of January. Record the adjusting entry. T-3 \\ \hline 16 & 1/31/2022 & Accrue one month of interest expense on the note related to the building loan on 1/1/2022. Face x Rate x Time T4 \\ \hline 17 & 1/31/2022 & Performed $2,000 of the service that was pre-paid for on January 18th. T- 7 \\ \hline 18 & 1/31/2022 & Accrue $8,000 of services provided to a customer on January 25th. \\ \hline 19 & 1/31/2022 & Customers paid $25,000 on account. \\ \hline 20 & 1/312022 & Accrue Income Tax on Net Income at a rate of 20% of Net Income. \\ \hline \end{tabular}