The following adjusted trial balance contains the accounts and balances of Fahed Company as of December 31, 2019. hand of its fiscal year. Debit Credit (Amount) (Amount Cash 1,500 Accounts recelvables 4,300 Prepaid rent 5,500 Furniture 8,000 Office equipment 20,000 Accumulated depreciation Offic 4,000 e eequipment Unearned service revenue 8,400 Fahed, Capital 21,000 Fahed, Withdrawals 4,200 Services revenue 25,000 Interest revenue 2,000 Depreciation expense-Office 3,400 equipment Wages expense 4,500 Utilities expenses 1,300 Administrative expenses 7,700 TOTAL 60,400 60,400 REQUIRED:- a. (A) Prepare the closing entries for Fahed Company as on December 31, 2019. (3 marks) b. B) Calculate the amount of closing capital to be reported in the closing trial balance as on December Balance is not required. (C) What is the major difference between cash and accrual accounting? (1 mark)