10 points 10 The adjusted trial balance for Maynard Company at December 31, 2024 is presented below. 00:16:33 Accounts Cash Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation Accounts payable Salaries payable Interest payable Notes payable due in two years Common stock rd earnings 4 ds Service revenue Salaries expense Advertising expense Rent expense Depreciation expense Interest expense Utilities expense Totals Debit $21,000 Credit 152,000 8,000 34,000 310,000 $128,000 14,000 3,500 1,200 20,000 160,000 72,300 29,000 490,000 182,000 70,000 15,000 32,000 2,000 34,000 $ 889,000 $889,000 Prepare the closing entries for Maynard Company for the year ended December 31, 2024. (If no entry is r transaction/event, select "No journal entry required" in the first account field.)