Exercise Help Save & Exit Submit On December 31, 2019, the Income Statement section of the worksheet for Capeletti Distributors contained the following Information, Debit Credit $ 38,100 $ 41,400 252,000 3.650 2.650 133.900 1.950 Income Statement Section Income Summary Sales Sales Returns and Allowances Sales Discounts Interest Income Purchases Freight In Purchases Returns and Allova Purchases Discounts Rent Expense Utilities Expense Telephone Expense Salaries Expense Payroll Taxes Expenne Supplies Expense Depreciation Expense Interest Expense Totale 8.250 2.880 1,490 65,600 5,220 1,650 2,250 290 $ 267,880 $296,7 Assume further that the owner of the firm is John Capeletti and that the John Capeletti, Drawing account had a balance of $25,950 on December 31, 2019. Prepare the entries that should be made in the general Journal to close the revenue, cost of goods sold, expense, and other temporary accounts. View transaction list Journal entry worksheet