X company started it business during January 2021 and following transaction is occurred in first month

1- Journalize Following Transactions

#	Transaction	Journalizing (Journal Entries)
		Account Title	Debit (Dr)	Credit (Cr)
1	Started its business by investing $15000 cash in exchange ordinary shares
2	Purchasing Equipment by $6000 cash
3	Purchase Supplies $1000 on account
4	Paid $2000 in advance for 2 years insurance policy (use prepaid Insurance)
5	Service performed by $6000, Received $5000 cash and remaining 1000 on account
6	Paid rent expense $1000, salaries expense $800, other expenses $2200
7	Hired New Secretary with a salary of $800 monthly, started her work next month
8	Received $1000 in advance from clients for services will deliver next month (Use Unearned Revenue)
9	Paid $600 from its account payable that was in transaction #3
10	Received $300 from account receivable in transaction #5

2- Posting To Ledger (T Accounts) Cash

Cash

3- Prepare Adjusting Entries at end of January

a- If prepaid insurance is expired $200 monthly, Prepare Adjusting Entry for one month

Adjusting Entry
Account Title	Debit (Dr)	Credit (Cr)

b- It Performed one-half (1/2) of services in transaction #8, Prepare Adjusting Entry

Adjusting Entry
Account Title	Debit (Dr)	Credit (Cr)

c- Supplies on hand at end of January was $400 , Prepare Adjusting Entry

Adjusting Entry
Account Title	Debit (Dr)	Credit (Cr)

d- Equipment is depreciated $300 monthly, Prepare Adjusting Entry

Adjusting Entry
Account Title	Debit (Dr)	Credit (Cr)