trument education wiley.com/www/player/dichtminchid amework - Accrual Accounting Concept Question 3 of 10 1 Current Attempt in Progress Blossom Company opened an incorporated dental practice on January 1, 2022. During the first month of operations the fatiwi transactions occurred Performed services for patients who had dental plan insurance. At January 31,5900 of such service was completed but not yet billed to the insurance companies 2 Utility expenses incurred but not paid prior to January 31 totaled 5770 Purchaud dental equipment on January 1 for $87.600 paying $20,150 in cash and signing a 563,450,3year note payable Interest is paideach December 31). The equipment depreciates 5640 per month interest is $560 per month Purchased a 1-year malpractice insurance policy on January 1 for 524.000 5 Purchased $2.200 of dental supplies (recorded an increase to Suppliest. On January 31. determined that $630 of supplies were on tund Prepare the adjusting entries on January 31 Account titles are Accumulated Depreciation-Equipment Depreciation Expense. Service Revenue Accounts Receivable,arance Expense interest Expense Interest Payable, Prepaid insurance Supplies Supplies Expense Utilities pense and Accounts Payable or no entry is required, select "No Entry for the account tities and enter for the D o 2019 ot 2.0 4 % 5 & 7 > 0 6 8 9 w E R S D F G . J C V B N V M