Why you did not include insurance expenses in the month? It should be 160 usd in adjusting entries

ing *E3.21 (LO 5) At Sekon Company, prepayments are debited to expense when paid, a d unear ar, the following ned reve- nues are credited to revenue when cash is received. During January of theet transactions occurred. Jan. 2 10 15 Paid $1,920 for fire insurance protection for the year Paid $1,700 for supplies Received $6,100 for services to be performed in the future. On January 31, it is determined that $2,100 of the services were performed and that there are $650 of supplies on hand. Instructions b. Journalize and post the adjusting entries at January 31. e. Determine the ending balance in each of the accounts