ESSAY. Write your answer in the space provided or on a separate sheet of paper. 1) Given the following adjusted account balances in random order, prepare the closing entries for ABC Company on December 31, 2022. Cash 35,000 Suzie Sheer, Capital Accounts payable Service revenue Prepaid rent Supplies expense 85,000 33,000 Amortization expense-building 12,000 Salary expense 29,000 Unearned service revenue 9,000 Note payable and 65,000 84,000 6,000 71,000 24,000 Accounts receivable 32,000 Accum. amortization-building 12,000 Interest revenue 14,000 Interest payable 3,000 Suzie Sheer, Withdrawals Rent expense 15,000 Building 95,000 Supplies 4,000 Interest expense 4,000 20,000

ESSAY. Write your answer in the space provided or on a separate sheet of paper. 1) Given the following adjusted account balances in random order, prepare the closing entries for ABC Company on December 31, 2022. 2) Using the following worksheet for Alphabet Services, prepare an Income Statement, Statement of Owners' Equity and Balance Sheet