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An Adjusted Trial Balance for a Merchandiser Is Given Below

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An adjusted trial balance for a merchandiser is given below.
 Debit  Credit  Cash $12,600 Accounts Receivable 2,400 Prepaid Rent 800 Merchandise Inventory 30,000 Accounts Payable $4,200 Salaries Payable 1,000 Notes Payable 800 Black, Capital 13,800 Black, Withdrawals 1,000 Sales Revenue 96,000 Sales Discounts Forfeited 400 Cost of Goods Sold 23,000 Insurance Expense 2,400 Salaries Expense 21,000 Rent Expense 14,000 Selling Expense 8,500 Supplies Expense 500 Total $116,200$116,200\begin{array} { | l | r | r | } \hline & { \text { Debit } } &{ \text { Credit } } \\\hline \text { Cash } & \$ 12,600 & \\\hline \text { Accounts Receivable } & 2,400 & \\\hline \text { Prepaid Rent } & 800 & \\\hline \text { Merchandise Inventory } & 30,000 & \\\hline \text { Accounts Payable } & & \$ 4,200 \\\hline \text { Salaries Payable } & & 1,000 \\\hline \text { Notes Payable } & &800 \\\hline \text { Black, Capital } & &13,800 \\\hline \text { Black, Withdrawals } &1,000 & \\\hline \text { Sales Revenue } & & 96,000\\\hline \text { Sales Discounts Forfeited } &&400 \\\hline \text { Cost of Goods Sold } & 23,000 & \\\hline \text { Insurance Expense } & 2,400 & \\\hline \text { Salaries Expense } & 21,000 & \\\hline \text { Rent Expense } &14,000 & \\\hline \text { Selling Expense } & 8,500 & \\\hline \text { Supplies Expense } &\underline { 500 } \\\hline \text { Total }&\$ 116,200 & \$ 116,200\end{array} Provide journal entries to close the Income Summary account and the Black,Withdrawals account.Omit explanations.


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