Record the appropriate adjusting journal entries on 1/31/2021 based on the following:

1. An inventory of supplies reveals that only $200 of supplies remain as of 1/31/2021. You'll need to create new Supplies Expense account (Account Type: Expenses, Detail Type: Supplies & Materials, Name: Supplies Expense).
2. $1,500 of prepaid expenses expired (representing prepaid insurance) in the month of January.
3. A bill for $675 was received and recorded in the next month from FixIt, Inc. for advertising placed in the current month. Create a new liability account like you did earlier in the chapter.
4. Training services recorded on invoice #1003 for $3,750 to Flyer Corporation were only partially performed even though invoiced. Thus, the $2,000 of sales had not been earned. Create a new liability account like you did earlier in the chapter.
5. Training services of $750 were performed on the last day of the month for a new customer Jules, Inc. but not invoiced to the customer or recorded into the accounting records until a few days into the next month. Create a new asset account like you did earlier in the chapter and record additional sales.
6. Depreciation Expense of $1,500 ($500, $600, and $400 for Buildings, Furniture, and Machinery & Equipment, respectively) needed to be recorded for the month. Before recording this journal entry, edit the "Depreciation" expense account so that the new name is "Depreciation Expense." Also change the account title for the Buildings, Furniture, and Machinery & Equipment accumulated depreciation account from "Depreciation" to "Accumulated Depreciation" like you did earlier in the chapter.