Splish Brothers Inc., opened an incorporated dental practice on January 1, 2022. During the first month of operations, the following transactions occurred. 1. 2. 3. Performed services for patients who had dental plan insurance. At January 31, $938 of such services were completed but not yet billed to the insurance companies. Utility expenses incurred but not paid prior to January 31 totaled $558. Purchased dental equipment on January 1 for $99,200, paying $24.800 in cash and signing a $74,400, 3-year note payable (interest is paid each December 31). The equipment depreciates $496 per month. Interest is $620 per month. Purchased a 1-year malpractice insurance policy on January 1 for $29,760. Purchased $2,170 of dental supplies (recorded as increase to Supplies). On January 31, determined that $682 of supplies were on hand. 4. 5. Prepare adjustments on January 31 and record them in the tabular summary that follows. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Accts. Rec. Assets Prepd. Insur. Supplies Equip. 1. 2. . . 3b. 4. 5. Liabilities Acc. Depr: Equip. Accts. Pay. Int. Pay. Com. Stock Stockholders' Equity Retained Earnings Exp. Rev. Div