Metlock, Inc, opened an incorporated dental practice on January 1, 2022. During the first month of operations, the following transactions occurred. Performed services for patients who had dental plan insurane At January 31, $810 of such services was completed but not yet billed to the insurance companies. 1. Utility expenses incurred but not paid prior to January 31 totaled $660. Purchased dental equipment on January 1 for $88,550, paying $27,100 in cash and signing a $61,450, 3-year note payable (interest is paid each December 31). The equipment depreciates $400 2. 3. per month. Interest is $560 per month. Purchased a 1-year malpractice insurance policy on January 1 for $24,000 4. Purchased $1,830 of dental supplies (recorded as increase to Supplies). On January 31, determined that $550 of supplies were on hand. 5. Prepare the adjusting entries on January 31.. Account titles are Accumulated Depreciation-Equipment, Depreciation Expense, Service Revenue, Accounts Receivable, Insurance Expense, Interest Expense, Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, Utilities Expense, and Accounts Payable. (f no entry is required, select "No Entry" for the account titles and enter O for the amounts Credit account tites are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Credit No. Date Debit 1. Jan. 31 Accounts Receivable 810 Service Revenue 810 Jan. 31 Utilities Expense 2. 660 Accounts Payable 660 Jan. 31 3 Equipment B8550 Cash 27100 (To record depreciation expense) (To record depreciation expense) Notes Payable 61450 Interest Expense 560 (To record interest expense) 4. Jan. 31 Prepaid Insurance 24000 PRE 24000 5. Jan. 31 Supplies 1830 Cash 1830