The following account balance in alphabetical order general ledger of Morgan waterproof and service of January 31. The firm began business on January 1 all accounts have a normal balances. Accounting payable $2600 Notes Payable $6000 Accounts recievable $21,000 Advertising Expense $420 Cash $10,400 Common Stock $29,740 Dividends $3,000 Interest Expenses $50 Rent Expense $1,700 Salaries expenses $8,000 Service fees earned $25,760 Supplies $8,960 Supplies Expenses $10,250 Utilities Expenses S320 Prepare the closing entries