Hey this is the accounting introduction course. we have to answer this question. Thanks

The adjusted account balances of Hobby Centre at July 31 are as follows: Accounts Account Balances Accounts Account Balances Cash $20,000 Service revenue $168,000 Accounts receivable 34,000 Interest revenue 17,000 Supplies 13,000 Depreciation expense 36,000 Prepaid insurance 17,000 Insurance expense 15,000 Buildings 309,000 Salary expense 39,000 Accumulated depreciation-Buildings 129,000 Supplies expense 18,000 Accounts payable 28,000 Utilities expense 21,000 D. Fortier, Capital 204,000 D. Fortier, Drawings 24,000 Prepare the end of the period closing entries for Hobby Centre. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit July 31