a?

View Policies Current Attempt in Progress The following is Wildhorse Cycle Repair Shop's trial balance at January 31, 2021, the company's fiscal year end: WILDHORSE CYCLE REPAIR SHOP Trial Balance January 31, 2021 Debit Credit Cash $3,600 Accounts receivable 6.710 6,420 Prepaid insurance Supplies 5,240 Land 59,000 190,000 Building Accumulated depreciation-building $11,000 27,000 4,500 Equipment Accumulated depreciation-equipment Accounts payable Unearned revenue 7,400 22,030 Mortgage payable 182,400 H. Dude, capital 61,000 92,100 H. Dude, drawings Service revenue 239,550 Salaries expense 119.200 Utilities expense 12.000 4,500 7,400 22.030 182,400 61,000 Accumulated depreciation equipment Accounts payable Unearned revenue Mortgage payable H.Dude, capital H. Dude, drawings Service revenue Salaries expense Utilities expense Interest expense 92.100 239,550 119,200 12,000 6,610 $ 527,880 $ 527,880 Additional information: 1. 2 3. The 12-month insurance policy was purchased on June 1, 2020. A physical count of supplies shows $ 1,310 on hand on January 31, 2021. The building has an estimated useful life of 50 years. The equipment has an estimated useful life of 9 years. The mortgage payable has a 6% interest rate. Interest is paid on the first day of each month for the previous month's interest By January 31, 2021, $ 1,300 of services related to the unearned revenue have been provided. During the next fiscal year. $ 4,500 of the mortgage payable is to be paid 4. 5. 6. (a) Prepare the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Round answers to o decimal places, e.g. 125.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record insurance expired) Jan. 31 (To record supplies used) Jan. 31 (To record depreciation) Jan. 31 | To record accrued interest) Jan 31 (To record supplies used) Jan. 31 + (To record depreciation) Jan. 31 + 4 (To record accrued interest) Jan. 31 (To record revenue for services provided)