Preparing adjusting and closing entries

[quote=moonkhan;1302671]The following list includes selected permanent accounts and all of the temporary accounts from the december 31, 2008, unadjusted trail balance of a corporation.Journalize the adjusting entries and closing entries.This corporation uses the perpetual inventory system.

Merchandise inventory $30,000
Prepaid selling expenses 5,600
Owner widrawal 33,000
Sales 529,000
Sales return 15,500
Sales discount 5000
Cost of goods sold 212,000
Sales salaries expense 40,000
Utilities expense 15,000
Selling expense 38000
Administrative expense 105,000
Additional Information
Accrued sales saleries amount to 1,700. Prepaid selling expenses of $3,000 have expired. A physical count of year-end merchandise inventory shows $28, 450 of goods still availabe.
I am confused about the closing entries. Please help me out to solve this question.