On December $31,20$X$1,$ the ledger of De La Rosa Company contained the following account balances:

All the accounts have normal balances. Prepare the closing entries for the above transactions.

Journal entry worksheet

Record the closing entry for revenue.

Note: Enter debits before credits. All the accounts have normal balances. Prepare the closing entries for the above transactions.

Journal entry worksheet

$13$

$4$

Record the closing entry for expenses.

Note: Enter debits before credits. All the accounts have normal balances. Prepare the closing entries for the above transactions.

Journal entry worksheet

$1$

$24$

Record the closing entry for the balance of income summary.

Note: Enter debits before credits. All the accounts have normal balances. Prepare the closing entries for the above transactions.

Journal entry worksheet

$1$

$2$

$3$

$4$

Record the closing entry for the drawing account.

Note: Enter debits before credits.