closing entries required

Heart of Tennessee Telecom has these account balances at December 31, 2 3,700 8,500 Accounts payable Notes Payable, long-term 1,500 Accounts Receivable 6,900 Prepaid Rent 3,400 1,200 Cash Salaries Payable 14.900 Depreciation Expense Equip. 1.500 Service Revenue 19,000 500 Equipment Office Supplies 3,100 Accumulated tion-Equip 3,000 Turner, Capital Deprecia 1,000 600 Rent Expense Advertising Expense