Carla Vista Company has the following year-end account balances on November 30, 2024: Service Revenue $39,000;...

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Carla Vista Company has the following year-end account balances on November 30, 2024: Service Revenue $39,000; Insurance Expense $2,500; Rent Expense $7,200; Supplies Expense $1,750; L. Lee, Capital $41,000; and L. Lee, Drawings $29,000. Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles Nov. 30 Nov. 30 (To close revenue account) Nov. 30 (To close expense accounts) Nov. 30 (To close income summary) (To close drawings account) eTextbook and Media Debit Calculate the balance in L. Lee, Capital after the closing entries are posted. Closing balance $ Credit > ht) 0 0 Account Titles Income Summary Insurance Expense L. Lee, Capital (L. Lee, Drawings No Entry Rent Expense Service Revenue Supplies Expense Carla Vista Company has the following year-end account balances on November 30, 2024: Service Revenue $39,000; Insurance Expense $2,500; Rent Expense $7,200; Supplies Expense $1,750; L. Lee, Capital $41,000; and L. Lee, Drawings $29,000. Prepare the closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles Nov. 30 Nov. 30 (To close revenue account) Nov. 30 (To close expense accounts) Nov. 30 (To close income summary) (To close drawings account) eTextbook and Media Debit Calculate the balance in L. Lee, Capital after the closing entries are posted. Closing balance $ Credit > ht) 0 0 Account Titles Income Summary Insurance Expense L. Lee, Capital (L. Lee, Drawings No Entry Rent Expense Service Revenue Supplies Expense