Question #2: Prepare the closing entries for the below adjusted trial balance. STC Adjusted Trial Balance January 31 Credit Debit 3,000 4,000 7,000 10,000 Account Title Cash Accounts Receivable Merchandise Inventory Equipment Accummulated Depreciation Accounts Payable Common Stock Retained Earnings Dividends Sales Sales Returns and Allowances Sales Discounts Depreciation Expense Salaries Expense Total 2,000 3,000 10,000 5,000 1,000 20,000 2,000 2,000 1,000 10,000 40,000 40,000