3 (20 Points) Use the attached adjusted trial balance for Doe Co. to complete the following: 1. Prepare Closing Journal Entries Doe Co. Adjusted Trial Balance 31-Dec-23 Account Title Debit Credit Cash $20,000.00 Supplies $1,500.00 Prepaid Insurance $1,750.00 Equipment $60,000.00 Accumulated Depreciation -- Equipment $6,000.00 Accounts Payable $11,000.00 Wages payable $1,000.00 J. Doe, Capital $35,000.00 J. Doe, Withdrawls $10,000.00 Consulting Revenue $83,200.00 Depreciation Expense -- Equipment $6,000.00 Wages Expense $25,000.00 Insurance Expense $750.00 Rent Expense $7,000.00 Supplies Expense $2,500.00 Utillities Expense $1,700.00 Totals $136,200.00 $136,200.00