Problem 2-Closing Entries (30 points) The end of the year account balances after adjustments of Edson Cleaners and Laundry are as follows: Account Balances After Adjustments) Cash $ 9,000 3,500 3,600 128,000 20,000 8,500 60,000 46,400 7,000 22,000 Cleaning Supplies Prepaid Rent . Equipment Accumulated Depreciation-Equipment- Accounts Payable Common Stock Retained Earnings Dividends Dry Cleaning Revenues Laundry Revenues Cleaning Supplies Expense 4,000 5,000 3,000 Depreciation Expense Rent Expense Salaries Expense Utilities Expense 900 3,400 500 Instructions Prepare the end of the year closing entries for Edson Cleaners and Laundry. You may omit journal entry explanations