15. The Income Statement and Balance Sheet columns below are from the work sheet of a ID: B D. Enterprise, for the year ended December 31, 20- Required: Prepare the closing entries for the merchandising firm. J. D. Enterprise Work Sheet (partial) year ended December 31, 20- Account Title ncome StatementBalance Sheet Debit Cash Credit Debit Credit Accounts Receivable Merchandise Inventor Store Supplies Office Supplies d Insurance Store Equipment Office Equipment Accumulated Depreciation-Office E Accounts Payable Salaries Payable Long-Term Notes Payable . D. Allen, Capital , D. Allen, Drawin Income Summa Sales Sales Returns and Allowances Purchases Purchases Returns and Allowances Purchases Discounts 60 Office Salary Expense (general Office Supplies Expense (genera Insurance Expense (general Depreciation Expense -Store Equipment 400 Depreciation Expense-Office Equipment 450 50 Ner Income 38-450 38 450 8410084100 21