Following is the adjusted trial balance, with accounts in alphabetical order, for TRN Magazine as at January 31, 2017:

	Debit			Credit
Accounts receivable	$	20,400
Accumulated depreciation, equipment				$	11,400
Cash		7,900
Depreciation expense, equipment		1,200
Equipment		18,400
Interest income					390
Rent expense		16,900
Salaries expense		60,400
Subscription revenues					70,400
Trish Norris, capital					43,410
Trish Norris, withdrawals		18,800
Unearned subscription revenue					18,400
Totals	$	144,000		$	144,000

Required: Prepare the closing entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)