Apply Exercise Saved On December 31, after adjustments, Gonzalez Company's ledger contains the following account balances: 181 Cash 111 Accounts Receivable 121 Supplies 131 Prepaid Rent 141 Equipment 142 Accumulated Depreciation-Equip. $ 45,288 Dr 17,608 De 3,808 Dr 40,400 Dr 62,808 Dn 1,900 cr 8,309 Cr 6 points 202 Accounts Payable 301 Emilio Gonzalez, Capital (12/1/2019)63,620 C 382 Emilio Gonzalez, Drawing 401 Fees Income 511 Advertising Expense 514 Depreciation Expense-Equip 517 Rent Expense 519 Salaries Expense S23 Utilities Expense 8,0e8 Dr 5-609 Dr 4.489 Dr 7,52e Dr eBook 158.480 C 36, 880 D Required: 1. Journalize the closing entries in the general journal 2. Post the closing entries to the general ledger accounts. Hint Be sure to enter beginning balances Analyze What is the balance of the Salaries Expense account after closing entries are posted? Complete this question by entering your answers in the tabs below 2 Analyze Required 1 Required 2 Journalize the closing entries in the qeneral journal. Saved Post the closing entries to the general ledger accounts. Hint: Be sure to enter beginning balances Emilio Gonzalez, Capital Account No. 301 Credit Emilio Gonzalez, Drawing Debit Balance Date Debit Dec 31, 2019 Dec 31, 2019 Dec 31,2019 Dec 31, 2019 Dec 31, 2019 6 points eBook Fees Income Account No. 401 Date Debit Credit Debit Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Advertising Expense Account No. 511 Account No. 514 Equipment Date Dec 31, 2019 Dec 31, 2019 Dec 31. 2019 Dec 31, 2019 Debit Credit Dec 31. 2019 Dec 31. 2019 Dec 31, 2019 Dec 31, 2019 Dec 31, 2019 Dec 31. 2019 361 Emilio Gonzalez, Capital (12/1/2819) 302 Emilio Gonzalez, Drawing 401 Fees Income 511 Advertising Expense 514 Depreciation Expense-Equip. 517 Rent Expense 519 Salaries Expense 523 Utilities Expense 8,380 Cr. 63,628 Cr. 8,008 Dr 158,488 Cr 5,680 Dr 980 or. 4,480 Dr 36,880 Dr. 7,528 Dr 6 points Required: eBook 1. Journalize the closing entries in the general journal. 2. Post the closing entries to the general ledger accounts. Hint Be sure to enter beginning balances Analyze: What is the balance of the Salaries Expense account after closing entries are posted? Complete this question by entering your answers in the tabs below Required 1 Required 2 Analyze What is the balance of the salaries expense account after closing entries are posted? Required 2