. 2. Shown below is the adjusted trial balance at the end of fiscal for Rock n Rolla Music Inc

. : Adjusted Trial Balance July 31, 2009

Account No. Account Debit Credit 100 Cash $ 14,940 110 Accounts Receivable 8,780 135 Office Equipment 15,900 136 Accumulated Depreciation - Office Equipment $5,400 200 Accounts payable 4,220 230 Unearned Service Revenue 1,800 311 Common Stock 20,000 320 Retained Earnings 25,200 332 Dividends 14,000 400 Commission Revenue 65,100 510 Rent Revenue 6,500 530 Depreciation Expense 4,000 540 Salaries Expense 55,700 550 Utilities Expense 14,900 Total $ 128,220 $ 128,220 Instructions:

a. Prepare the closing entries.