ces On December 31, 20X1, the ledger of Lopez Company contained the following account balances: Cash...

 

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ces On December 31, 20X1, the ledger of Lopez Company contained the following account balances: Cash Accounts receivable Supplies Equipment $31,600 Maria Lopez, Drawing $12,100 2,200 Fees income 1,400 Depreciation expense 46,750 2,050 24,600 Salaries expense 15,600 Accumulated depreciation Accounts payable 1,800 Supplies expense 2,300 2,300 Telephone expense 1,900. 46,850 Utilities expense 3,950 Maria Lopez, Capital All the accounts have normal balances. Prepare the closing entries for the above transactions. View transaction list Journal entry worksheet < 1 2 3 4 Record the closing entry for revenue. Note: Enter debits before credits. Date Dec 31, 20X1 General Journal Debit Credit ces On December 31, 20X1, the ledger of Lopez Company contained the following account balances: Cash Accounts receivable Supplies Equipment $31,600 Maria Lopez, Drawing $12,100 2,200 Fees income 1,400 Depreciation expense 46,750 2,050 24,600 Salaries expense 15,600 Accumulated depreciation Accounts payable 1,800 Supplies expense 2,300 2,300 Telephone expense 1,900. 46,850 Utilities expense 3,950 Maria Lopez, Capital All the accounts have normal balances. Prepare the closing entries for the above transactions. View transaction list Journal entry worksheet < 1 2 3 4 Record the closing entry for revenue. Note: Enter debits before credits. Date Dec 31, 20X1 General Journal Debit Credit