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$[$The following information applies to the questions displayed below.$]$

On January $1,2024,$ the general ledger of Grand Finale Fireworks includes the following account balances:

During January $2024,$ the following transactions occur:

January $2$ Issue an additional $2,000$ shares of $$1$ par value common stock for $$40,000.$

January $9$ Provide services to customers on account, $$15,600.$

January $10$ Purchase additional supplies on account, $$5,400.$

January $12$ Purchase $1,200$ shares of treasury stock for $$17$ per share.

January $15$ Pay cash on accounts payable, $$17,000.$

January $21$ Provide services to customers for cash, $$49,600.$

January $22$ Receive cash on accounts receivable, $$17,100.$

January $29$ Declare a cash dividend of $$0\mathrm{.}30$ per share to all shares outstanding on January $29.$ The dividend

is payable on February $15.($Hint: Grand Finale Fireworks had $15,000$ shares outstanding on January

$1,2024,$ and dividends are not paid on treasury stock.$)$

January $30$ Resell $800$ shares of treasury stock for $$19$ per share.

January $31$ Pay cash for salaries during January, $$42,500.$

a$.$ Unpaid utilities for the month of January are $$6,700.$

b$.$ Supplies at the end of January total $$5,600.$

c$.$ Depreciation on the equipment for the month of January is calculated using the straightline method. At the time the equipment was

purchased, the company estimated a service life of three years and a residual value of $$10,500.$

d$.$ Accrued income taxes at the end of January are $$2,500.$

Record the adjusting entries on January $31,2024$ for the above transactions. $($If no entry is required for a transaction$/$event$,$ select

$"$No journal entry required" in the first account field.$)$

$1$ Unpaid utilities for the month of January are $$6,700.$

Prepare the adjusting entry for utilities.

$2$ Supplies at the end of January total $$5,600.$ Prepare the

adjusting entry for supplies.

$3$ Depreciation on the equipment for the month of January

is calculated using the straight$-$line method. At the time

the equipment was purchased, the company estimated a

service life of three years and a residual value of

$$10,500.$ Prepare the adjusting entry for depreciation.

$4$ Accrued income taxes at the end of January are $$2,500.$

Prepare the adjusting entry for income taxes.

Note : $=$ journal entry has been entered