CALCULATOR FULL Exercise 3-6 Monty Weller, D.D.S, opened a dental practice on January 1, 2017. During the lrst month of operations, the following transactions occured 1. Performed services for patients who had dental plan Insurance. At January 31, $800 of 2. Utility expenses incurred but not paid prior to January 31 totaled $560. such services was performed but not yet billed to the insurance companies. 3. Purchased dental equipment on January 1 for $84,000, paying $19,000 in cash and signing a $65,000, 3-year note paya le. (o) The equipment deprecates $410 per month. (b) Interest Is $550 per month. . Purchased a one-year malpractice insurance policy on January 1 for $12,360. . Purchased $1,639 of dental supplies. On January 31, determined that $490 of supplies were on hand. Prepare the adjusting entries on January 31. Account titles are Expense, Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, Utilities Expenses, and Utilities Do not indent Depreciation Expense, Service Revenue, Accounts Receivable, Insurance Expense, Payable.(Credit account bities are automatically indented when amount Interest is enter manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amount No. Account Titles and Explanation Debit Credit 1. 2. 3. (a) 3. (b) Version 4.2 All Rights Reserved. A Division of 20hnwkASon