1. The adjusted account balances of Fitness Centre at July 31 are as follows: Accounts Account Balances Accounts Cash $ 11,000 Service Revenue Accounts Receivable 25,000 Interest Revenue Supplies 4,000 Depreciation Expense Prepaid Insurance 8,000 Insurance Expense Buildings 300,000 Salary Expense Accumulated Depreciation Supplies Expense Buildings 120,000 Utilities Expense Accounts Payable 19,000 P. Jorgenson, Capital 195,000 P. Jorgenson, Drawings 15,000 Account Bal $105,000 8,000 27,000 6,000 30,000 9,000 12,000 Instructions Prepare the end of the period closing entries for the Fitness Centre