Please Prepare the following end of January adjusting journal entries in good journal entry format: 1: Performed services for customers during the month, the total of services performed and delivered to customers but for which payment was not yet received was $ 760

2: Received a $450 utility bill for January but had not paid it as of the end of the month. 3: Purchased equipment for use in the business at the first of the month costing $80,000, borrowing $60,000, Unpaid interest on the load for the month was $ 500, depreciation for the month was $400.

4: As of January 1, the company had prepaid insurance of $ 24,000 for the year.

5: Of the existing $1,750 supplies on hand at the beginning of January, Only $ 550 remained at the end of the month. If unadjusted net income ( prior to these adjustments ) was $20,000. what was adjusted net income ( after the adjustments )