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Prepare the journal entries for the following transactions: 1. January 1 - the company paid $1,500 for car insurance that covers the months of January,

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Prepare the journal entries for the following transactions: 1. January 1 - the company paid $1,500 for car insurance that covers the months of January, February, and March. 2. January 1 - the company received $3,000 cash for landscaping services to be provided during the month of January, February, and March. 3. January 31 - Employees worked for the second half of the month but have not yet been paid. The amount due to employees is $800. The company must make an adjustment for the amount due to employees. 4. January 31 - record the adjusting journal entry required for the $1,500 car insurance paid on January 1. 5. January 31 - record the adjusting journal entry required for the $3,000 of cash received on January 1 for landscaping services. 6. January 31 - The company received a bill in the mail for $750 for their utilities for the month of January, but they will not pay the bill until February

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