xercise 3-06 Mary Smith, D.D.S., opened a dental practice on January 1, 2020. During the first month of operations, the following transactions occurred. 1. Performed services for patients who had dental plan insurance. At January 31, 5783 of such services was performed but not yet billed to the insurance companies. 2. Utility expenses incurred but not paid prior to January 31 totaled $498 3. Purchased dental equipment on January 1 for $76,000, paying $18,000 in cash and signing a $58,000, 3-year note payable. (a) The equipment depreciates $376 per month. (b) Interest $460 per month 4. Purchased a one-year malpractice insurance policy on January 1 for $12,240 5. Purchased $1,612 of dental supplies. On January 31, determined that $450 of supplies were on hand. Prepare the adjusting entries on January 31. Account titles are Accumulated Depreciation-Equipment, Depreciation Expense, Service Revenue, Accounts Receivable Insurance Expense. Inte Expense. Interest Payable, Prepaid Insurance, Supplies, Supplies Expense, U tes Expenses, and Accounts Payable. (Cred account iles are automatically indented when amount entered. Do not indent manually. If no entry is required, select "Ne entry for the account titles and enter for the amounts.) No. Account Titles and Explanation Debit Credit 3.) Click if you would like to show Work for this questioni Open Show Work