Following is the adjusted trial balance, with accounts in alphabetical order, for TRN Magazine as at January $31,2023$:

Debit Credit

Accounts receivable $ $20,200$

Accumulated depreciation, equipment $ $11,200$

Cash $7,700$

Depreciation expense, equipment $1,100$

Equipment $18,200$

Interest income $370$

Rent expense $16,700$

Salaries expense $60,200$

Subscription revenues $70,200$

Trish Norris, capital $42,730$

Trish Norris, withdrawals $18,600$

Unearned subscription revenue $18,200$

Totals $ $142,700$ $ $142,700$

Required:

Prepare the closing entries.