Jackson's Cookie Company Worksheet For the month ended December 31, 2022 Trial Balance Adjustments Adjusted Trial BalanceIncome StatementBalance Sheet DebitCredit DebitCredit DebitCreditDebitCreditDebitCreditCash 59,800 59,800 59,800 Accounts Receivable 1,600 3,100 4,700 4,700 Cleaning Supplies 4,500 2,750 1,750 1,750 Prepaid Insurance 1,500 450 1,050 1,050 Office Equipment 10,000 10,000 10,000 Accumulated Depreciation-Office Equip. 1,000 350 1,350 1,350Accounts Payable 12,000 12,000 12,000Wages Payable 2,800 2,800 2,800Jackson, Capital 25,700 25,700 25,700Jackson, Drawing 7,500 7,500 7,500 Fees Earned 85,000 3,100 88,100 88,100 Wages Expense 30,000 2,800 32,800 32,800 Rent Expense 4,700 4,700 4,700 Utilities Expense 4,100 4,100 4,100 Cleaning Supplies Expense 2,750 2,750 2,750 Insurance Expense 450 450 450 Depreciation Expense-Office Equip 350 350 350 Totals123,700123,700 9,4509,4500129,950129,95045,15088,10084,80041,850Net income or loss42,950 42,950Totals88,10088,10084,80084,800 Adjusting Entry information for December 31:A. Prepaid Insurance which has expired $450.B. Ending Balance of Cleaning Supplies Inventory is $1,750. C. Service Revenue earned but not yet received is $3,100.D. Depreciation on the Office Equipment for this year, $350.E. Wages accrued but not yet paid, $2,800. (c) Journalize the adjusting entries using the worksheet as a basis. DebitCredit A.Insurance Expense450 Prepaid Insurance 450 B.Cleaning Supplies Expense1,750 Cleaning Supplies 1,750 C.Accounts Receivable3,100 Fees Earned 3,100 D.Depreciation Expense-Office Equip350 Accumulated Depreciation-Office Equip. 350 E.Wages Expense2,800 Wages Payable 2,800 (d) Journalize the closing entries using the worksheet as a basis. DebitCredit A.Fees Earned88,100 Income Summary 88,100 DebitCredit B.Income Summary DebitCredit C. DebitCredit D.

I need help with the closing entries.