Prepare the Adjusted Trial Balance for XYZ Inc. McLeod Consultants prepares financial statements on 31st July every year. Pass the following adjustment entries for July 2022. a. It was found that interest of $85 had accrued on notes receivable. b. It was discovered that $14,000 of the balance in Consulting revenue account was for services to be performed in August. c. Accrued wages on July 31 totalled $6,800. d. The Office furniture worth $84,000 was purchased on June 1, 2021 and has useful life of 7 years and after seven years of use, it is expected to be worthless. e. The balance of $2,400 in prepaid insurance account represents the remaining balance of two-year policy purchased on April 1, 2022. Instructions: Use the following format to pass journal entries: The following are selected accounts and their balances after adjustments on December 31, 2022, the end of Mark's Furniture Refinishing's fiscal year. , 2022. hat is the balance of Mark's capital account after the bookkeeper posts the closing entries? Instructions: Use the following format to pass journal entries: General Journal Date Account PR Debit Credit Your