Post the adjusting and closing entries. (Post entries in the order of journal entries presented in the previous part. If the ending balance i O select Bal for the date and enter O for the normal balance for that account.) Question 1 of 637.48/50 Question 1 of 6 Question 1 of 6 > Question 1 of 6 > Question 1 of 6 37.48/50 Question 1 of 6 > (1) Office supplies at January 31 total $640. (2) Insurance coverage expires on October 31, 2022. (3) Annual depreciation on the equipment is $1,680. (4) Interest of $30 has accrued on the note payable. (5) Inventory at January 31 is $13,990. Prepare the adjusting and closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent. manually. Round answers to 0 decimal ploces, e. .1,575. Question 1 of 6 37.48/50 No. Date Account Titles and Explanation (1) Jan. 31 Supplies Expense 1130 Supplics (2) Jan. Insurance Expense 222 Prepaid Insurance (3) Jan. 31 Deprcciation Expense Accumulated Depreciation-Equipment (4) Jan. 31 Interest Expense 30 Interest Payable 30 (5) Jan. Income Summary \begin{tabular}{|l|} \hline \hline 159150 \\ \hline \end{tabular} Inventory Sales Revenue Question 1 of 6 37.48/50 (5) Jan. 31 Income Summary \begin{tabular}{|r|} \hline \hline 159150 \\ \hline \end{tabular} \begin{tabular}{|r|} \hline 13990 \\ \hline \end{tabular} \begin{tabular}{|r|} \hline 87120 \\ \hline \end{tabular} Rent Expense 1110 Salaries and Wages Expense 8210 Supplies Expense 1130 Depreciation Expense 140 Insurance Expense 222 Interest Expense Accounts Payable 25980 Notes Payable 16650 Attempts: 3 of 3 used specialized Journals Question 1 of 6 37.48/50 \begin{tabular}{|cccccr|r|} \hline \multicolumn{2}{l}{ Retained Earnings } & & & No. 320 \\ \hline Date & Explanation & Ref & Debit & Credit & Balance \\ \hline Jan 1 & Balance & V & & & 11,880 \\ 31 & & Gi & & & \\ \hline \end{tabular} 31G1 31G1 Post the adjusting and closing entries. (Post entries in the order of journal entries presented in the previous part. If the ending balance i O select Bal for the date and enter O for the normal balance for that account.) Question 1 of 637.48/50 Question 1 of 6 Question 1 of 6 > Question 1 of 6 > Question 1 of 6 37.48/50 Question 1 of 6 > (1) Office supplies at January 31 total $640. (2) Insurance coverage expires on October 31, 2022. (3) Annual depreciation on the equipment is $1,680. (4) Interest of $30 has accrued on the note payable. (5) Inventory at January 31 is $13,990. Prepare the adjusting and closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent. manually. Round answers to 0 decimal ploces, e. .1,575. Question 1 of 6 37.48/50 No. Date Account Titles and Explanation (1) Jan. 31 Supplies Expense 1130 Supplics (2) Jan. Insurance Expense 222 Prepaid Insurance (3) Jan. 31 Deprcciation Expense Accumulated Depreciation-Equipment (4) Jan. 31 Interest Expense 30 Interest Payable 30 (5) Jan. Income Summary \begin{tabular}{|l|} \hline \hline 159150 \\ \hline \end{tabular} Inventory Sales Revenue Question 1 of 6 37.48/50 (5) Jan. 31 Income Summary \begin{tabular}{|r|} \hline \hline 159150 \\ \hline \end{tabular} \begin{tabular}{|r|} \hline 13990 \\ \hline \end{tabular} \begin{tabular}{|r|} \hline 87120 \\ \hline \end{tabular} Rent Expense 1110 Salaries and Wages Expense 8210 Supplies Expense 1130 Depreciation Expense 140 Insurance Expense 222 Interest Expense Accounts Payable 25980 Notes Payable 16650 Attempts: 3 of 3 used specialized Journals Question 1 of 6 37.48/50 \begin{tabular}{|cccccr|r|} \hline \multicolumn{2}{l}{ Retained Earnings } & & & No. 320 \\ \hline Date & Explanation & Ref & Debit & Credit & Balance \\ \hline Jan 1 & Balance & V & & & 11,880 \\ 31 & & Gi & & & \\ \hline \end{tabular} 31G1 31G1