The adjusted trial balance of University Book Store as of November 30, 2019, after the firm's first month of operations, appears below Appropriate adjustments have been made for the following items a. Supplies used during the month, $5,800 b. Expired rent for the month, $7,000 c. Depreciation expense for the month, $1,900 UNIVERSITY BOOK STORE Adjusted Trial Balance November 30, 2019 Account Name Debit Credit Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation-Equipment Accounts Payable Ruby Darbandi, Capital Ruby Darbandi, Drawing Fees Income Depreciation Expense-Equipment Rent Expense Salaries Expense Supplies Expense Utilities Expense Totals $ 46,150 7,624 9,200 42,000 55,000 $ 1,900 18,000 83,674 8,000 97,100 1,900 7,000 17,000 5, 800 1,000 $200,674 $200,674 Required 2. Record the adjusting entries in the Adjustments columns 3. Complete the Trial Balance columns of the worksheet prior to making the adjusting entries. Analyze: What was the balance of Prepaid Rent prior to the adjusting entry for expired rent