Following is the adjusted trial balance, with accounts in alphabetical order, for TRN Magazine as at January 31, 2020: Credit Debit $ 20,400 $ 11,400 7,900 1,200 18,400 390 Accounts receivable Accumulated depreciation, equipment Cash Depreciation expense, equipment Equipment Interest income Rent expense Salaries expense Subscription revenues Trish Norris, capital Trish Norris, withdrawals Unearned subscription revenue Totals 16,900 60,400 29 70,400 43,410 18,800 18.400 $144,000 $144,000 Required: Prepare the closing entries 13 The accounting principle that requires that transactions are to be expressed using units of money in the currency of the country in which the company primarily operates as the common denominator is the Multiple Choice 3 00:3406 currency business Uncle going concem principle huoncal cout principle MK De 13 at 20 18 Next >