11. Use the T-account ledger below. a. Prepare January 31 closing entries in a journal and post them to the ledger. b. Calculate the final balance on January 31 in the A. Holmes, Capital account. A. Holmes, Capital 300 Jan. 31 60 000 Jan. 31 Auto Expense 1000 501 A. Holmes, Drawings 301 General Expense 502 Jan 31 3.000 Jan. 31 3.000 Income Summary 302 Rent Expense 503 Jan. 31 5.000 Sales Jan. 31 400 45.000 Salaries Expense 504 Jan. 31 24 000 Advertising Expense Jan 31 2000 500