Prepare the FOUR required closing journal entries based on the adjusted trial balance provided below (explanations are NOT required)

Part C (8 marks) Prepare the FOUR required closing journal entries based on the adjusted trial balance provided below (explanations are NOT required): Adjusted Trial Balance Cash Accounts Receivable Accounts Payable Unearned Revenue Common Stock Retained Earnings Dividends Service Revenue Advertising Expense Rent Expense Utilities Expense Wages Expense Debit $ 8,625 1 1,600 2,000 2,500 18,000 1 2,000 75,000 $129,725 2 Credit $ 8,450 1 ,500 10,000 12,275 97,500 $129,725