The following is Carla Vista Cycle Repair Shop's trial balance at January 31, 2024, the company's fiscal year end: Cash CARLA VISTA CYCLE REPAIR SHOP Trial Balance January 31, 2024 Accounts receivable Prepaid insurance Supplies Land Building Accumulated depreciation-building Equipment Accumulated depreciation-equipment Accounts payable Debit $5,200 8,630 8,520 7,240 52,000 191,200 28,170 Credit $11,070 4,695 8,400

The following is Carla Vista Cycle Repair Shop's trial balance at January 31, 2024, the company's fiscal year end: CARLA VISTA CYCLE REPAIR SHOP Trial Balance January 31,2024 CashAccountsreceivablePrepaidinsuranceSuppliesLandDebit$5,2008,6308,5207,24052,000 Building 191,200 Accumulated depreciation-building $11,070 Equipment 28,170 Accumulated depreciation-equipment 4,695 Accounts payable 8,400 Additional information: 1. The 12-month insurance policy was purchased on June 1,2023. 2. A physical count of supplies shows $1,510 on hand on January 31,2024 . 3. The building has an estimated useful life of 50 years. The equipment has an estimated useful life of nine years. 4. The mortgage payable has a 5% interest rate. Interest is paid on the first day of each month for the previous month's interest. 5. By January 31,2024,$1,500 of services related to the unearned revenue have been provided. 6. During the next fiscal year, $4,700 of the mortgage payable is to be paid. (a) Prepare the adjusting entries. (Credit account titles are outomatically indented when amount is entered. Do not indent manually, If no entry is required, select 'No Entry' for the account titles and enter O for the amounts. List all debit entries before credit entries.)