C6 L A B D E F G H 1 J K Attention!!!! You must type your name and ID on the second sheet, otherwise the question will not be displayed correctly Question 2 MarikBu, opened accounting consulting company on January 1, 2021. During the first month of operations, the following transactions occurred. 1 Performed $31.500 services for customers with terms net 60. At January 31, 50% of such services was not yet billed. 2 Utility expenses incurred but not paid prior to January 31 totaled $1.575 3 Purchased computer and networking equipment on January 1 for $ 80.850 0 paying $ 40.425 in cash and signing $ 40,425 a 3 year note payable. 11 The equipment depreciates $1.348 per month. Interest is S 337 per month 12 4 Purchased a one-year insurance policy on January ! for $ 28,350 13 5 Purchased $ 3.150 of supplies. On January 31, determined that $ 2,520 14 of supplies were on hand. 15 Instructions Prepare the adjusting entries on January 31, 2021. (Omit explanations) Account titles are Accumulated Depreciation Equipment, Depreciation Expense, Service Revenue, Accounts Receivable, Insurance 16 Expense, Interest Expense, Interest Payable. Prepaid Insurance Supplies, Supplies Expenso, Utilities Expense, and Accounts Payable. Entries Dr Cr 17 18 19 20 21 22 02 02 Sheet shanti