7. Shown below is Bill Brady Law's adjusted trial balance at the end of its annual accounting period. Bill Brady Law Adjusted Trial Balance December 31, 2020 Debit Credit Cash $13,000 Accounts receivable 20,000 Office supplies 10,300 Office equipment 40,500 Accumulated depreciation, office $22,000 Long-term notes payable 60,000 Bill Brady, capital 11,000 Bill Brady, withdrawals 10,000 Service Revenue 51,100 Salary expense 30,000 Rent expense 12,300 Depreciation expense, office equipment 1,000 Advertising expense 4,000 Office supplies expense 3,000 2,500 Total $144,100 $144,100 Prepare the necessary closing entries