Journalize the adjusting entries needed on July 31, 2018. (Record debits first, then credits, Select the explanation on the last line of the journal entry table. a. Depreciation, $400. Date Accounts and Explanation Debit Credit (a) Jul 31 b. Prepaid rent expires, $700 (Assume that KTR debits an asset account when rent is paid in advance) Date Accounts and Explanation Debit Credit (b) Jul. 31 c. Interest expense accrued. S500. Date Accounts and Explanation Debit Credit (c) Jul 31