Instructions: Place a "D" (Debit) or "C" (Credit) in the space provided to indicate whether the account would be debited or credited for its balance in the closing process. Insert an X in the space provided if the account is not closed. 1. Cash 8. Interest Receivable 9. Unearned Subscription Revenue 2. Equipment 3. Depreciation Expense 10. Accumulated Depreciation I 11. Interest Expense 4. Rent Expense 5. J. Edmonds, Drawing 12. Accounts Receivable 6. Subscription Revenue 13. Prepaid Rent 7. Interest Revenue 14. Income Summary (assume Net Income)