The following is the adjusted trial balance of Sierra Company. Sierra Company Adjusted Trial Balance Account Title Cash December 31 Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) Common stock Retained earnings Dividends Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Prepare Its December 31 closing entries. Debit Credit $ 6,200 620 5,200 22,400 $ 13,200 3,700 4,200 9,600 3,300 1,240 10,700 4,700 2,480 1,860 $ 44,700 $ 44,700