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

Debit Credit

Accounts receivable $ $21,100$

Accumulated depreciation, equipment $ $12,100$

Cash $8,600$

Depreciation expense, equipment $1,550$

Equipment $19,100$

Interest income $460$

Rent expense $17,600$

Salaries expense $61,100$

Subscription revenues $71,100$

Trish Norris, capital $45,790$

Trish Norris, withdrawals $19,500$

Unearned subscription revenue $19,100$

Totals $ $148,550$ $ $148,550$

Required:

Prepare the closing entries.