King Dairy Treats opened for business on May 1, 2018. Its trial balance before adjustments on July 31, 2018 includes the following selected accounts: Debit Credit Cash $ 1,400 Prepaid Insurance 800 Cleaning supplies 900 Milk products inventory 1,480 Building 250,000 Equipment 30,000 Accounts Payable $ 3,200 Unearned Revenue 400 Note Payable 50,000 Rent Expense 6,300 Salaries Expense Utilities Expense 1,587 2,478 Other data: 1. Monthly amortization is $400 on the building and $200 on the equipment. 2. Certain dairy treats for which the customer had paid $400 in June, were delivered in July. 3. An inventory count of cleaning supplies at July 31 shows $900 on hand. 4. Rent for July of $900 was unpaid at July 31. 5. Insurance is paid at the rate of $200 per month. 6. Milk products worth $400 were delivered to the company on July 31, but the bill has not been received yet. 7. The note payable has an interest rate of 7% per year and is paid at the end of every calendar quarter. Instructions Journalize the adjusting entries for July on July 31.