Exercise $6\mathrm{.}1($Static$)$ Journalize closing entries. LO $6-1$On December $31,20$X$1,$ the ledger of De La Rosa Company contained the following account balances:Cash$ $66,000$Rosie De La Rosa, Drawing$ $52,000$Accounts receivable$5,800$Fees income$107,500$Supplies$4,200$Depreciation expense$5,000$Equipment$52,000$Salaries expense$34,000$Accumulated depreciation$5,000$Supplies expense$6,000$Accounts payable$6,000$Telephone expense$5,700$Rosie De La Rosa, Capital$121,500$Utilities expense$9,300$All the accounts have normal balances. Prepare the closing entries for the above transactions.