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ollowing is the adjusted trial balance, with accounts in alphabetical order, for TRN Magazine as at January 31, 2023: Debit Credit Accounts receivable $ 20,300

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

Debit Credit
Accounts receivable $ 20,300
Accumulated depreciation, equipment $ 11,300
Cash 7,800
Depreciation expense, equipment 1,150
Equipment 18,300
Interest income 380
Rent expense 16,800
Salaries expense 60,300
Subscription revenues 70,300
Trish Norris, capital 43,070
Trish Norris, withdrawals 18,700
Unearned subscription revenue 18,300
Totals $ 143,350 $ 143,350

Required: Prepare the closing entries.

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