From the random accounts presented below, select the appropriate ones and prepare the four closing entries that would need to be made at the end of the accounting period.

Land 10,000

Accounts Payable 6,000

Rico, Capital 50,000

Services Revenue 78,000

Notes Payable 10,000

Cash 16,000

Interest Revenue 1,000

Insurance Expense 4,400

Prepaid Insurance 400

Rent Expense 9,000

Supplies Expense 2,500

Supplies 1,000

Salaries Expense 39,000

Accounts Receivable 11,000

Rico, Withdrawals 10,000

Utilities Expense 3,500