QUSTION 2: The ledger of Muscat Company on January 31, 2017, includes the following selected accounts before adjusting entries. Account Debit Credit Prepaid Insurance OMR 2400 Supplies 1.500 Equipment 30,000 Accumulated Depreciation Equipment 5000 Unearned Service Revenue 6000 Salaries Expense 10,000 An analysis of the accounts shows the following: 1. Insurance expires at the rate of OMR 200 per month. 2. Supplies on hand total OMR 500. 3. The equipment depreciates OMR 150 per month. 4. Half (1/2) of the unearned revenue was earned in January. Instructions: Prepare the adjusting entries for the month of January