Given the following adjusted account balances (all normal), prepare the closing journal entries for Ski Lodge 2 on December 31, 2018.

Cash 45,000 Prepaid rent 9,000 Jane Goden, Capital 85,000

Land 65,000 Service revenue 75,500 Unearned service revenue 24,000

Supplies 4,000 Interest expense 5,000 Amortization expense - Vehicle 15,000

Rent expense 12,500 Salary expense 46,000 Jane Goden, Withdrawals 20,000

Note payable 70,000 Interest payable 3,000 Acc. amortization, Building 15,000

Freight Payable 2,200 COGS 1,000 Building 85,000

Rent revenue 500 Supplies expense 8,000 Gross margin 1,000

Accounts receivable 32,000 Accounts payable 33,000 Amortization Expense Building 26,000