ment CALCULATOR PRINTER VERSION dACK NEXT Exercise 4-10 Cullumber Company, opened an incorporated dental practice on January 1, 2017. During the first month of operations, the following transactions occured. 1. Performed services for patients who had dental plan insurance. At lanuary 31, $920 of such services was completed but not 2. Utity expenses incurred but not paid prior to January 31 totaled $610. yet bililed to the insurance companies. ed dental qulipment on lenuary 1 for sa150 in cash and signing $57,700, 3-year note payable Cinterestis pald each Dacember 31) depreciates $550 per month. Interest is $690 per month note payable (interest is paid each December 31). The equ 4. Purchased a 1-year malpractice insurance policy on January 1 for $24,000. Purchased S2,340 of dental supplies s. (recorded as increase to Supplies). On January 31, determined that $670 of supplies were on hand. Prepare adjustments on January 31 and record them in the tabular summary that follows place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced, (If a transaction results in a decrease in Assets, Liabilities or Stockholders Assets Liabilities Stockholders Equity Accts. Prepd Retained Earmings Acc. Depr Insur +Equip.Equip. Accts. PayPay.StockRev.Exp. Int. Com. 2. 3b, Privacy. Polk, L 2009-2011.hnnwoohlenslot" Ali Rights Reserved. A Divison of lann.wins ionsls