MargaretMoore, D.D.S., opened a dental practice on January 1, 2022. During the first month of operations, the following transactions occurred.

1.		Performed services for patients who had dental plan insurance. At January 31, $880of such services was completed but not yet billed to the insurance companies.
2.		Utility expenses incurred but not paid prior to January 31 totaled $700.
3.		Purchased dental equipment on January 1 for $81,000, paying $20,000in cash and signing a $61,000, 3-year note payable (interest is paid each December 31). The equipment depreciates $405per month. Interest is $610per month.
4.		Purchased a 1-year malpractice insurance policy on January 1 for $26,400.
5.		Purchased $1,500of dental supplies (recorded as increase to Supplies). On January 31, determined that $400of supplies were on hand.

Prepare the adjusting entries on January 31. Account titles are Accumulated DepreciationEquipment, Depreciation Expense, Service Revenue, Accounts Receivable, Insurance Expense, Interest Expense, Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, Utilities Expense, and Utilities Payable.(List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

No.	Date	Account Titles and Explanation	Debit	Credit
1.	Jan. 31	enter an account title for the adjusting entry on January 31	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on January 31	enter a debit amount	enter a credit amount
2.	Jan. 31	enter an account title for the adjusting entry on January 31	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on January 31	enter a debit amount	enter a credit amount
3.	Jan. 31	enter an account title to record monthly depreciation on January 31	enter a debit amount	enter a credit amount
		enter an account title to record monthly depreciation on January 31	enter a debit amount	enter a credit amount
		(To record monthly depreciation.)
	Jan. 31	enter an account title to record interest on notes payable on January 31	enter a debit amount	enter a credit amount
		enter an account title to record interest on notes payable on January 31	enter a debit amount	enter a credit amount
		(To record interest on Notes payable.)
4.	Jan. 31	enter an account title for the adjusting entry on January 31	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on January 31	enter a debit amount	enter a credit amount
5.	Jan. 31	enter an account title for the adjusting entry on January 31	enter a debit amount	enter a credit amount
		enter an account title for the adjusting entry on January 31	enter a debit amount	enter a credit amount