Consumer Research Associates, owned by Gloria Johnson, is retained by large companies to test consumer reaction to new products. On January 31, 20X1, the firms worksheet showed the following adjustments data: (a) supplies used, $2,310 (b) expired rent, $12,700 and (c) depreciation on office equipment, $4,550. The balances of the revenue and expense accounts listed in the Income Statement section of the worksheet and the drawing account listed in the Balance Sheet section of the worksheet are given below:

REVENUE AND EXPENSE ACCOUNTS
401	Fees income	$	97,000	Cr.
511	Depr. expenseOffice equipment		4,550	Dr.
514	Rent expense		12,700	Dr.
517	Salaries expense		49,200	Dr.
520	Supplies expense		2,310	Dr.
523	Telephone expense		1,320	Dr.
526	Travel expense		10,360	Dr.
529	Utilities expense		1,220	Dr.

DRAWING ACCOUNT
302	Gloria Johnson, Drawing	10,700	Dr.

Required:

Record the adjusting entries in the general journal (transactions 1-3).

Record the closing entries in the general journal (transactions 4-7).