Please type the answer if possible

7. Closing entries Background: Jane Semmler runs and owns her consulting business 'Business Solutions'. Jane has prepared an Adjusted Trial Balance (ATB) (and financial statements) for the month ended 31 August 2017. The ATB is presented below. Business Solutions Adjusted Trial Balance as at 31 August 2017 Account Description Debit Credit Cash ( at bank) $94,664 Accounts receivable control 4,821 Allowance for doubtful debts $870 Building 86,450 Accumulated depreciation_building $7,805 Accounts payable control 1,200 Wages payable 2,420 Share capital 95,000 Retained earnings Dividends 4,500 Service revenue 87,695 Wages expense 1,890 Bad debts expense 870 Depreciation expense_building 1,795 Totals $194,990 $194,990 Required: (1) Prepare closing entries in the general journal template. Narrations are required. (ii) Open t-accounts for the Profit and Loss Summary account for the retained earnings account. Post the relevant closing journal entries from part (1) and balance the account. (iii) Prepare the post-closing trial balance as at 31 August 2017