Test II - Closing Entries

Shehla Shehgarlynn operates a repair service, known as Shehgarlynn Repair Service.
The following are the accounts of Shehgarlynn for the month of December 2012 of operations:

Cash in Bank ...............$13,140
Supplies.............................500
Prepaid Rent ..................6,000
Prepaid Insurance...........1,200
Accounts Receivable..........250
Repair Equipment...........5,000
Shehla, Capital..............20,000
Shehla, Drawing.................120
Repair Fees Earned.......11,000
Accounts Payable...........1,000
Advertising Expense .........500
Salaries Expense............5,000

Shehgarlynn accounting records are kept on accrual basis. At the end of December prepare the following adjustment needed:

1. Insurance has been used from Jan. to Dec., $100 per month.
2. Rent of the office has been used from Jan. to Dec., $500 per month
3. $250 of supplies has been used from Jan. to Dec. 

After preparing the adjusting entries, prepare trial balance, financial statement, and close all temporary capital accounts.