Research Associates, owned by Alex Raman, is retained by large companies to test consumer reaction to new products. On January 31, 20X1, the firm's worksheet showed the following adjustments data: (a) supplies used, $2,340; (b) expired rent, $13,000; and (c) depreciation on office equipment, $4,580. The balances of the revenue and expense accounts listed in the Income Statement section of the worksheet and the drawing account listed in the Balance Sheet section of the worksheet are given below: REVENUE AND EXPENSE ACCOUNTS 401 Fees Income $109,800 Cr. 511 Depr. Expense-Office Equipment 4,580 Dr. 514 Rent Expense 13,000 Dr. 517 Salaries Expense 49,500 Dr. 520 Supplies Expense 2,340 Dr. 523 Telephone Expense 1.350 Dr. 526 Travel Expense 10,390 Dr. 529 Utilities Expense 1,250 Dr. DRAWING ACCOUNT 302 Alex Raman, Drawing 11,000 Dr. INSTRUCTIONS 1. Record the adjusting entries in the general journal, page 3. 2. Record the closing entries in the general journal, page 4. Analyze: What closing entry is required to close a drawing account