Using the Redwood City Pet Shoppe Unadjusted Trial Balance from July 31st, prepare the following adjusting entries for July 2021. Redwood City Pet Shoppe Unadjusted Trial Balance July 31, 2021 Debit Credit Cash 165,700 Accounts Receivable 8,280 Office Supplies (asset) 190 Prepaid Insurance 36,000 Van 15,800 Accumulated Depreciation - Van 4,750 Building 196,000 Accumulated Depreciation - Building 14,700 Accounts Payable 16,570 Unearned Pet Sales 250 Notes Payable 90,000 Common Stock 200,000 Dividends 10,000 Retained Earnings 73,000 Pet Sales 43,800 Pet Food Sales 22,900 Salaries Expense 13,200 Depreciation Expense - Van 1,580 Deprecation Expense - Building 4,900 Interest Expense 4,500 Advertising Expense 3,000 Office Supplies Expense 520 Utility Expense 6,300 Totals 465,970 465,970 The Pet Shoppe purchased a new insurance policy on July 1st; the policy covers the period of 9 months. Prepare the adjusting entry for the July expired insurance.