How to prepare the closing entries for this problem.

How to prepare the closing entries for this problem. e following is the adjusted trial balance as of December 31, 2019 of Hawkins Dental Lab, Inc.: Credit Accounts Cash Accounts Receivable Prepaid Insurance Office Supplies Land Debit $14,000 10,000 9,000 6,200 25,000 100,000 Building $42,000 120,000 75,000 40,00 4,000 5,000 70,000 20,000 17,500 Accumulated Depreciation - Building Equipment Accumulated Depreciation - Equipment |Accounts Payable Salaries Payable Unearned Revenue Mortgage Payable Common Stock Dividends Service Revenue Salaries Expense Depreciation Expense --Building and Equipment Supplies Expense Insurance Expense Utilities Expense Total 235,000 96,000 16,300 43,000 18,500 16,000 $491.500 $491.500 Prepare the closing entries in your blue book. Omit explanation