Sunland Company, opened an incorporated dental practice on January 1, 2017. During the first month of operations, the following transactions occurred.

1.		Performed services for patients who had dental plan insurance. At January 31, $900 of such services was completed but not yet billed to the insurance companies.
2.		Utility expenses incurred but not paid prior to January 31 totaled $790.
3.		Purchased dental equipment on January 1 for $86,650, paying $22,200 in cash and signing a $64,450, 3-year note payable (interest is paid each December 31). The equipment depreciates $390 per month. Interest is $710 per month.
4.		Purchased a 1-year malpractice insurance policy on January 1 for $24,000.
5.		Purchased $2,210 of dental supplies (recorded as increase to Supplies). On January 31, determined that $590 of supplies were on hand.

Prepare the adjusting entries on January 31. Account titles are Accumulated DepreciationEquipment, Depreciation Expense, Service Revenue, Accounts Receivable, Insurance Expense, Interest Expense, Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, Utilities Expense, and Accounts Payable. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

List of Accounts:

Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Advertising Expense Amortization Expense Buildings Cash Common Stock Depreciation Expense Dividends Equipment Income Summary Income Tax Expense Income Taxes Payable Insurance Expense Interest Expense Interest Payable Interest Receivable Interest Revenue Land Maintenance and Repairs Expense Mortgage Payable No Entry Notes Payable Prepaid Advertising Prepaid Cleaning Prepaid Insurance Prepaid Rent Property Tax Expense Property Taxes Payable Rent Expense Rent Revenue Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Sales Revenue Service Revenue Supplies Supplies Expense Ticket Revenue Unearned Rent Revenue Unearned Sales Revenue Unearned Service Revenue Unearned Ticket Revenue Utilities Expense Website

No. Date Account Titles and Explanation Debit Credit 1. Jan. 31 Accounts Receivable 900 Service Revenue 900 2. Jan. 31 Utilities Expense 790 Utilities Payable 790 3. Jan. 31 Depreciation Expense 390 Interest Expense 710 (To record depreciation expense) Accumulated Depreciation -Equipment 390 Interest Payable 710 (To record interest expense) 4. Jan. 31 Insurance Expense 2000 Prepaid Insurance 2000 5. Jan. 31 Supplies Expense 1620 Supplies 1620