1) Given the following adjusted account balances in random order, prepare the closing entries for ABC Company on December 31, 2022.

Cash 35,000

Suzie Sheer, Capital 85,000

Accounts payable 33,000

Service revenue 84,000

Amortization expense-building 12,000

Salary expense 29,000

Unearned service revenue 24,000

Prepaid rent 9,000

Supplies expense 6,000

Note payable 71,000

Land 65,000

Accounts receivable 32,000

Accum. amortization-building 12,000

Interest revenue 14,000

Interest payable 3,000

Suzie Sheer, Withdrawals 20,000

Rent expense 15,000

Building 95,000

Supplies 4,000

Interest expense 4,000