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what is the closing entry to this questionBig Ed’s Motorcycle ShopTrial BalanceFor the Period Ended December 31, 20x8Unadjusted Trial Balance DRCRCash 184,500 Accounts Receivable 145,200 Merchandise Inventory, Parts 100,000 Merchandise Inventory, Motorcycles 110,000 Office Supplies 6,720 Prepaid Insurance 4,080 Office Equipment 50,000 7,500 Store Equipment 52,000 Accumulated Depreciation-Store Equipment 7,860 Shop Equipment 183,600 41,040 66,720 Interest Payable 67,200 534,180 1,488,000 Sales Salaries Expense 207,840 Service Salaries Expense 100,980 Office Salaries ExpenseAdvertising Expense 52,560 Depreciation Expense-Office EquipmentDepreciation Expense-Store EquipmentDepreciation Expense-Shop EquipmentMiscellaneous Selling Expense 1,920 Rent Expense 37,620 Interest ExpenseOffice Supplies Expense 1,560 Miscellaneous Administrative Expense 1,920 2,212,500 2,212,500
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