The adjusted trial balance shown below is for Rich Company at the end of its fiscal year.
Rich Company
Trial Balance
March 31, 2011
Cash $12,900
Accounts Receivable 9,400
Office Supplies 700
Prepaid Insurance 2,500
Office Equipment 16,000
Accum. Depr: office Equipment $4,800
Accounts Payable 5,800
Salaries Payable 1,100
Unearned rent revenue 600
Common stock 10,000
Retained 5,600
Dividends 3,800
Service revenue 39,600
Rent revenue 14,400
Salaries expense 20,100
Office supplies expense 1,800
Rent expense 12,000
insurance expense 1,500
depreciation expense 1,200
$81,900 $81,900
Prepare the closing entries at March 31
(Please show exactly how it should be written, in the correct format and spacing please, thank you!!)