James Tupper, D$.$D$.$S$.,$ opened an incorporated dental practice called James Tupper Professional Dentistry Corporation on January

$1,2024.$ During the first month of operations the following selected transactions occurred:

Performed services for patients who had dental plan insurance. At January $31,$$$600$ of such services was earned but

not yet billed to the insurance companies.

Utility expenses incurred but not paid prior to January $31$ totalled $$450.$

Purchased dental equipment on January $1$ for $$64,000,$ paying $$16,000$ in cash and signing a $$48,000,3-$year note

payable $($interest$,$ at $6\%$ is paid each December $31).$ The cost of the equipment was recorded when purchased on

January $1.$ The equipment is being depreciated using the straight$-$line method. Management expects it to have a useful

life of $15$ years and a residual value of $$6,400.$ Interest has not been recorded for the month.

Purchased a $1-$year malpractice insurance policy on January $1$ for $$19,200.$ The cost of the insurance policy was debited

to the Prepaid Insurance account when purchased on January $1.$

Purchased $$1,400$ of dental supplies $($recorded as increase to Supplies$).$ On January $31$ determined that $$440$ of

supplies were on hand.

Prepare the adjusting entries required on January $31.($List all debit entries before credit entries. Credit account titles are

automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry"

for the account titles and enter $0$ for the amounts.$)$