The December 31, 2024, adjusted trial balance for Ostrich Corporation is presented below. Accounts Cash Accounts Receivable Prepaid Rent Supplies Land Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Utilities Expense Interest Expense Totals Required: Debit Credit $15,000 160,000 5,000 32,000 275,000 $14,000 13,000 4,000 42,000 310,000 64,000 510,000 402,000 22,000 42,000 4,000 $957,000 $957,000 1. Record the necessary closing entries at December 31, 2024. 2. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Record the necessary closing entries at December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 ^