Help needed please.

Also if it is not any trouble could you explain the entries so I could better my understanding. (Optional)

(LO 2) Hercules Company ended its fiscal year on August 31, 2020. The company's adjusted trial balance as of the end of its fiscal year is as shown below. (a & b) (c) Hercules Company Adjusted Trial Balance 31-Aug-20 Hercules Company Closing Journal Entry 31-Aug-20 Hercules Company Post-Closing Trial Balance 31-Aug-20 Date Account Titles Debit Credit No. Account Titles Debit Credit 101 Cash No. Account Titles Debit Credit $10,900 112 Accounts Receivable 6,200 157 Equipment 10,600 167 Accumulated Depr.-Equip. $5,400 201 Accounts Payable 2,800 208 Unearned Rent Revenue Saneamed 1,200 301 Owner's Capital 31,700 306 Owner's Drawings 12,000 404 Service Revenue 42,400 429 Rent Revenue 6,100 711 Depreciation Expense 2,700 720 Salaries and Wages Expense 37,100 732 Utilities Expense 10,100 $89,600 $89,600 Instructions Please use 8/31 as the date in the Journal (a) Prepare the closing entries. (b) Post to Owner's Capital and No. 350 Income Summary accounts (c) Prepare a post-closing trial balance at August 31, 2020. $0 $0 0 0 Hercules Company Statement of Owner's Equity For the Month Ending August 31, 2020 Beginning Balance Net Profit/(Loss) Owner's Drawings Ending Balance $0