Mr. Mike Khera operates an advertising business called Advertising General. He had the following adjustments for the month of January 2016 Jan 31 Depreciation for the month is $1,000. A 30-day contract was started on January 15. The customer will pay $6,320 at the end of the contract in Jan 31 February. Half of the contract was completed by the end of the month. Accrue the revenue earned by the end of January Jan 31 Recognized $2,150 insurance expense used for the month. Jan 31 Salaries for employees have accrued by $3,310 by the end of the month. An annual magazine subscription was prepaid on January 1, 2016 for $588. By January 31, one issue had Jan 31 been received Prepare the journal entries for the above transactions, Do not enter dollar signs or commas in the input boxes Round your answers to the nearest whole number Debit Account Title and Explanation Credit Date 2016 Jan 31 0 o IT - Search