Rent expired during July is $2, 400. Unearned fees on July 31 are $2, 750. (Optional) On your own paper or spreadsheet, enter the unadjusted trial balance on an end-of-period work sheet and complete the work sheet. Journalize the adjusting entries on page 3 of the journal. Adjusting entries are recorded on July 31. Post the adjusting entries, inserting balances In the accounts affected. Prepare an adjusted trial balance. Prepare an income statement, a statement of owner's equity, and a balance sheet. * Journalize the closing entries on page 4 of the journal. Post the dosing entries, inserting balances In the accounts affected. If the account balance is zero (0), enter a zero (0). Prepare a post-closing trial balance. * Be sure to read the instructions for each financial statement carefully. Rent expired during July is $2, 400. Unearned fees on July 31 are $2, 750. (Optional) On your own paper or spreadsheet, enter the unadjusted trial balance on an end-of-period work sheet and complete the work sheet. Journalize the adjusting entries on page 3 of the journal. Adjusting entries are recorded on July 31. Post the adjusting entries, inserting balances In the accounts affected. Prepare an adjusted trial balance. Prepare an income statement, a statement of owner's equity, and a balance sheet. * Journalize the closing entries on page 4 of the journal. Post the dosing entries, inserting balances In the accounts affected. If the account balance is zero (0), enter a zero (0). Prepare a post-closing trial balance. * Be sure to read the instructions for each financial statement carefully