please assist with balancing the balance sheet:

Unadjusted trial balance:

Unadjusted trial balance

Marketie

January $31,2024$

Account Debit Credit

Cash $2920000$

Owners$$ capital $3,000,000$

Rent expense $20,000$

Office furniture $50,000$

Account payable $45,000$

Computer equipment $80,000$

Account receivable $20,000$

Service revenue $45,000$

Prepaid insurance $10,000$

Unearned revenue $40,000$

Owners$$ withdrawals $30,000$

Total $3,130,0003,130,000$

Adjusting entries:

$1)$ Adjustments for expired prepaid insurance:

$-$The company prepaid insurance in total $10,000$ was recorded in $10/01$ for $6$ months. As of January $31,$ one month has expired.

$10,000$ QAR$/6$ months$=1666\mathrm{.}67$

Date Accounts Dr Cr

$31/01$ Insurance Expense

Prepaid Insurance $1,666$

$1,666$

$2)$ Adjustment for expired prepaid rent:

$-$The company prepaid insurance of total $20,000$ QAR was recorded in $10/01$ for $6$ months. As of January $31,$ one month has expired.

Date Accounts Dr Cr

$31/01$ Rent Expense

Prepaid rent $20,000$

$20,000$

$3)$ Accrued utilities expense:

Utilities expense has been incurred during January but not yet paid for or recorded.

Date Accounts Dr Cr

$31/01$ Utilities expense

Accounts payable $5,000$

$5,000$

$4)$ Adjustment for earned portion of unearned revenue:

Unearned revenue was recorded as $40,000$ on January $12$ for advance service fee. By providing services, a portion of the advanced payment has been earned for $20,000$ QAR.

Date Accounts Dr Cr

$31/01$ Unearned revenue

Service revenue $20,000$

$20,000$

$5)$ Accrued revenue:

Earned revenue during January but not yet received.

Date Accounts Dr Cr

$31/01$ Accounts receivable

Service revenue $10,000$

$10,000$

Insurance expense

Dr Cr

Unadjusted:$0$

$1,666$

$1,6660$

$1,666$

Prepaid insurance

Dr Cr

Unadjusted: $10,000$

$1,666$

$10,0001,666$

$8334$

Rent expense

Dr Cr

Unadjusted: $20,000$

$20,000$

$40,0000$

$40,000$

Prepaid rent

Dr Cr

Unadjusted:$0$

$20,000$

$020,000$

$20,000$

Utilities expense

Dr Cr

Unadjusted:$0$

$5,000$

$5,0000$

$5,000$

Accounts payable

Dr Cr

Unadjusted: $45,000$

$5,000$

$050,000$

$50,000$

Unearned revenue

Dr Cr

$20,000$

Unadjusted:$40,000$

$20,00040,000$

$20,000$

Service revenue

Dr Cr

Unadjusted: $45,000$

$10,000$

$20,000$

$075000$

$75000$

Account receivable

Dr Cr

Unadjusted:$20,000$

$10,000$

$30,0000$

$30,000$

Adjusted trial balance

company

January $31$st$.2024$

Account Debit Credit

Cash $2,920,000$

Owners$$ capital $3,000,000$

Rent expense $40,000$

Office furniture $50,000$

Account payable $50,000$

Computer equipment $80,000$

Account receivable $30,000$

Service revenue $75,000$

Prepaid insurance $8334$

Unearned revenue $20,000$

Owners$$ withdrawals $30,000$

Insurance expense $1,666$

Prepaid rent $20,000$

Utilities expense $5,000$

Total $3,165,0003,165,000$

Financial statement:

Company

Income statement

$?$

Revenue:

Service revenue.................$\mathrm{.}75,000$

Total revenue....................$\mathrm{.}75,000$

Expenses:

Rent expense.....................$\mathrm{.}40,000$

Insurance expense..............$\mathrm{.}1,666$

Utilities expense.................$\mathrm{.}5,000$

Total expense....................$\mathrm{.}46,666$

Net income.................................$\mathrm{.}28,334$

Company

Statement of changes in equity

$?$

Owners$$ capital...............$\mathrm{.}3,000,000$

Net income.....................$\mathrm{.}28,334$

$3,028,334$

Owners$$ withdrawals........$\mathrm{.}30,000$

Capital..........................$\mathrm{.}2,998,334$

company

Balance sheet

$?$

Assets:

Cash................................$\mathrm{.}2,920,000$

Office furniture.................$\mathrm{.}50,000$

Computer equipment...........$\mathrm{.}80,000$

Account receivable..............$\mathrm{.}30,000$

Prepaid insurance................$\mathrm{.}8,334$

Prepaid rent.......................$\mathrm{.}20,000$

Total assets:.......................$\mathrm{.}3,108,334$

Liability:

Account payable...................$\mathrm{.}50,000$

Unearned revenue.................$\mathrm{.}20,000$

Total liabilities:$70,000$

Equity:

Owners$$ capital...................... $2,998,334$

Total liabilities and equity:.........