The trial balance of Sky Company on January 31, 2020 is shown below.

Sky Company Trial Balance January 31, 2020
Accounts	Debit	Credit
Cash	30,000
Prepaid Insurance	66,000
Supplies	33,000
Equipment	720,000
Accumulated Depreciation - Equipment		135,000
Notes Payable		120,000
Accounts Payable		72,000
Sky, Capital		459,000
Sky, Drawings	72,000
Service Revenue		147,000
Utilities Expense	12,000
Total	933,000	933,000

Other information:

1. Depreciation of equipment for January was $10,000.

2. Rent owed for the month of January but will not be paid until February, 2020 was $15,000.

3. The amount of insurance that expired in the month of January was $6,000.

4. Salaries owed for the month of January but will not be paid until February, 2020 was $25,000.

5. A physical count of supplies indicates $10,000 on hand at January 31.

Required:

Prepare the adjusting entries required on January 31, 2020.