make the closing journal entries and post closing trial balance

BC Corp. records adjustments monthly. Adjustment data for the month of August are as follows: 1. One month's worth of advertising services have been received. 2. The August rent has expired. 3. Accrued salaries payable are $1,540. 4. Depreciation for the month is $200. 5. Supplies on hand at August 31 are $960. 6. Services were performed to satisfy $800 of unearned revenue. 7. One month of interest revenue related to the $4,000 note receivable has accrued. The note was issued on June 30 and is due Oct 31 and has a 6% annual interest rate. Interest is due at maturity 8. Income tax of $300 is estimated to be owed for the month of August. Accounts payable Interest receivable 2,300 20 Accounts receivable 4,310 Note receivable, due Oct 31, 2021 4,000 Accumulated 2,000 Retained earnings 6,400 depreciation - equipment Cash 6,020 1,420 1,030 Common Shares Salaries payable Supplies Unearned revenue 12,000 1,260 Equipment 10,000 Aug. 1 - Paid $400 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. (Use Prepaid Advertising account) Aug. 3 - Paid August rent of $380. (Use prepaid rent account) Aug. 6- Received $3,200 cash from customers in payment of accounts. Aug. 10 - Paid $3,120 for salaries due employees, of which $1,700 is for August and $1,420 is for July salaries payable. - Aug. 13 - Received $3,800 cash for services performed in August. - Aug. 15 - Purchased additional equipment on account $2,000. - Aug. 17 - Paid vendors $2,000 of accounts payable due. - Aug. 22 - Purchased supplies on account for $800. - Aug. 24 - Paid salaries $2,900. - Aug. 27 - Performed services worth $4,760 on account and billed customers. - Aug. 29 - Received $780 from customers for services to be performed in the future. Aug. 31-Declared and paid a $500 dividend