Problem III. Prepare ONLY the FIRST TWO closing journal entries in good form from the below information (10 points each journal entry=20 points in total) Credit Debit $10,000 $38,000 12,000 35,000 30,000 ABC Company Adjusted Trial Balance Dec. 31, 2010: Account Name Cash Sales Revenue Utilities Expense Merchandise Inventory Accounts Receivable Forfeited Sales Discount Salaries Payable Gain on Sale of Truck Rent Expense Uneared Service Revenue Withdrawals Building Service Revenue Depreciation Expense Accumulated Depreciation-Building Accounts Payable Interest Income Cost of Goods Sold Capital a 12/31/2010 5.000 3,000 4,500 16.000 20,000 9,000 80,000 16,000 8.000 21.000 4.500 2.600 14,600 101.500