Use the following adjusting account balances to prepare its closing journal balances:

$\backslash$table$[[$Account Title,Debit,Credit$],[$Cash$,$$$13,000,],[$Accounts receivable,$17\mathrm{.}000,],[$Land$,85,000,],[$Accounts payable,,$ $12,000],[$Long$-$term notes payable,,$33,000],[$Magic$,$ Capital,,$75,000],[$Magic$,$ Withdrawals,$20,000,],[$Services revenue,,$79\mathrm{.}000],[$Salaries expense,$56,000,],[$Supplies expense,$8,000,],[$Totals$,$$$199,000,$$$199\mathrm{.}000$