From the trial balance and the additional information provided, record the adjusting entries in the journal and prepare an interim statement of profit or loss for three months ending July 31st, 2023. (a) One month's worth of the prepaid rent is to be recognized as expense, $1,000. (b) One month's worth of prepaid insurance is to be recognized as expense, $150. Charles-Sydney Enterprises Trial Balance July 31, 20- ACCOUNT Bank Accounts Receivable Insurance Prepaid Rent Prepaid Furniture & Equipment Accounts Payable Bank Loan Payable DEBIT 2 500 00 4 100 00 150 000 10 000 00 18 7 5 000 CREDIT 950 000 14 000 00 10 000 00 Capital, Joshua Charles Sales Service Revenue Purchases Advertising Expense Bank Charges Delivery Expense Insurance Expense Rent Expense Salaries Expense Supplies Expense Utilities Expense 12 9 0 0 00 1 5 0 0 00 10000 2 100 00 30000 2000 00 18 4 00 00 2 100 00 1 7 00 00 77 25 25 000 19 2 00 00 950 00 77 9 5 000 Date Accounts GENERAL JOURNAL Debit Credit Account INTERIM STATEMENT Debit Credit