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ast Deliveries, Incorporated (FDI), was organized in December last year and had limited activity last year. The resulting balance sheet at the beginning of the current year is provided below: Two employees have been hired, at a monthly salary of $2,040 each. The following transactions occurred duting January of the current yeat. January Additional information for adjusting entries: 31a. A $800 bill arrives for January utility services. Payment is due February 15. 31b. Supplies on hand on January 31 are counted and determined to have cost $289. 31c. As of January 31, FDI had completed 60% of the delveries for the custoner who paid in advance 31d. Accrue one month of interest on the bank loan. Yearly interest is determined by multiplying the anount borroved by the annual interest rate (expressed as 9.04 ). For convenience, calculate 31e. Assume the van will be used for 4 years, after which it wil1 have no value. Thus, each year, one-fourth of the van's benefits will be used up, which implies annual depreciation equal to one-fourth of the van's total cost. Record depreciation for the month of - January, equal to one31f. Salaries earned by expel depreciation expense. 316. Salaries earned by eeployees for the period from January 16 to 31 are $1,020 per employee and 31g. Adjust the prepaid asset accounts (for rent and insurance) as needed. 3. Prepare an unadjusted trial balance at January 31. Supplies Prepaid Insurance Prepaid Rent Vehicles Accumulated Depreciation Accounts Payable Deferred Revenue Notes Payable (long-term) Salaries and Wages Payable interest Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Supplies Expenses Depreciation Expense Interest Expense Totals

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