The adjusted trial balance for Lloyd Construction as of December 31, 2023, follows: An analysis of other information reveals that Lloyd Construction is required to make p $41,500 payment on the long-term notes payable during 2024. The notes receivable are due May 1, 2025. Also, Amar Lloyd Invested \$68,000 cash earty in 2023. Required: Required: 1. Prepare the closing entries made at the end of the year