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Wedona Energy Consultants prepares adjusting entries monthly. Based on an analysis of the unadjusted trial balance at January 31 , 2023, the following information was

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Wedona Energy Consultants prepares adjusting entries monthly. Based on an analysis of the unadjusted trial balance at January 31 , 2023, the following information was available for the preparation of the January 31,2023 , month-end adjusting entries: a. Equipment purchased on November 1 of this accounting period for $18,720 is estimated to have a useful life of 3 years. After 3 years of use, it is expected that the equipment will be scrapped due to technological obsolescence. b. Of the $10,600 balance in Unearned Consulting Revenue, $7,900 had been earned. c. The Prepaid Rent account showed a balance of $11,100. This was paid on January 1 of this accounting period and represents six months of rent commencing on the same date. d. Accrued wages at January 31 totalled $17,700. e. One month of interest had accrued at the rate of 6% per year on a $26,000 note payable. f. Unrecorded and uncollected consulting revenues at month-end were $5,750. 9. A $2,790 insurance policy was purchased on April 1 of the current accounting period and debited to the Prepaid insurance account. Coverage began April 1 for 18 months. h. The monthly depreciation on the office furniture was $585. i. Repair revenues accrued at month-end totalled $2,600. j. The Store Supplies account had a balance of $720 at the beginning of January, During January, $1,700 of supplies were purchased and debited to the Store Supplies account. At month-end, a count of the supplies revealed a balance of $570. Assume Wedona Energy uses the straight-line method to depreciate its assets. Required: Prepare adjusting journal entries for the month ended January 31,2023 , based on the above. Assume Wedona Energy uses the straight-line method to depreciate its assets. Required: Prepare adjusting journal entries for the month ended January 31, 2023, based on the above. Journal entry worksheet 4 5 6 7 8 9 10 Note: Enter debits before credits

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