Hi could you solve and explain it?? I also need to formula that you used this question and table.

Plz explain elaborately and attach it as soon as possible.. I have to quickly compare to my answer and submit it. Thanks.

Following is an adjusted trial balance for Travel Ltd. as at January 31, 2020. Travel Ltd. Adjusted trial balance At January 31, 2|] 20 Debit Credit Accounts receivable $21,400 Accumulated depreciation, equipment $12,400 Cash 8,900 Depreciation expense 1,700 Equipment 19,400 Interest income 490 Rent expense 17,900 Subscription revenue 71,400 Trish Norris, Capital 46,810 Trish Norris, Withdrawals 19,800 Unearned subscription revenue 19,400 Totals 5150% m Required Prepare the closing entries