please post in a journal then a seperate journal with the adjustments.

Transactions for January 20XX Use the following transactions to complete the first month of the Billy Bob's Daycare. Jan. 1 Billy Bob Caroll organized the daycare as a corporation and invested his savings of $42,000 cash in the business in retum for capital stock. 1 Signed a contract to lease a building for $2.100 per month. Billy paid the first six months in advance. 1 Paid cash for a one-year insurance policy $1,500. 1 Purchased supplies on account for $215. 2 Paid cash for playground equipment and furniture. The playground equipment cost $5,000 and the fumiture cost $1,300. 3 Purchased groceries on account for S300 (recorded as food expense). 14 Paid employees' cash of $2.000. 17 Provided daycare services for 30 kids at $3000kid from January 3 rd through today. Collected cash for 28 kids and the parent of the 2 of the kids agreed to pay in the future. Note: Amounts to be received in the future for services already provided are called account receivable. 21 Collected cash in advance of $900 for daycare services that will not be provided untif next month (February). Note: Revenue recognition principle states that revenue is recorded when service is provided. No semice will be provided untilf fiebruary so service is owed. 22 Collected cash of $600 from the parent that agreed to pay in the future on January 17. Note: Revenue was already recorded on January 17. 28 Paid omployees cash of \$2.000 and Billy a cash salary of \$3,500 for time warked at the daycare. 31. Provided daycare services for 30 kids at $300/ kid from January 17 th through today. Collected cash for all 30 kids 31 Paid Billy a dividend of $200. 2. The employees had worked 24 hours at $10 /hour since last being paid on January 28th. Remember that the cash account is NEVER used in the adjustment process. 3. A physical count of supplies revealed that $40 remains in supplies. 4. Utility bills that have been received but not paid totaled $220. 5. Don't forget to record the adjusting entries for one month of expired insurance and rent