Exercise 4-7 Closing entries LO2, 3 Following is the adjusted trial balance, with accounts in alphabetical order, for TRN Magazine as at January 31, 2020: Accounts receivable. Accumulated depreciation, equipment. Cash... Depreciation expense, equipment. Equipment.... Interest income. Rent expense Salaries expense. Subscription revenues. Trish Norris, capital Trish Norris, withdrawals I Unearned subscription revenue.. Totals. Required Prepare the closing entries. Debit $ 21,400 8,900 1,700 19,400 17,900 61,400 19,800 $150,500 Credit $ 12,400 490 71,400 46,810 19,400 $150,500