The Adjusted Account Balances of the Wellness Center at July

Essay

The adjusted account balances of the Wellness Center at July 31 are as follows: $\begin{array}{lrlr} \underline{\text {Accounts}}&\underline{\text {Account Balances}}&\underline{\text {Accounts}}& \underline{\text {Account Balances}}\\\text { Cash } & \$ 16,000 & \text { Service Revenue } & \$ 107,000 \\\text { Accounts Receivable } & 15,000 & \text { Interest Revenue } & 8,500 \\\text { Supplies } & 4,000 & \text { Depreciation Expense } & 25,000 \\\text { Prepaid Insurance } & 8,000 & \text { Insurance Expense } & 6,000 \\\text { Buildings } & 300,000 & \text { Salaries and Wages Expense } & 40,000 \\\text { Accumulated Depreciation- } & & \text { Supplies Expense } & 8,000 \\\text { Buildings } & 120,000 & \text { Utilities Expense } & 13,000 \\\text { Accounts Payable } & 19,000 & & \\\text { Owner's Capital } & 195,000 & & \\\text { Owner's Drawings } & 11,000 & &\end{array}$
Instructions
Prepare the end of the period closing entries for the Wellness Center.