Exercise 6.1 (Algo) Journalize closing entries. LO 6-1 On December 31, 20x1, the ledger of Lopez Company contained the following account balances: Cash Accounts receivable Supplies Equipment Accumulated depreciation Accounts payable Maria Lopez, Capital $31,5ee Maria Lopez, Drawing 2,150 Fees income 1,350 Depreciation expense 24,500 Salaries expense 1,750 Supplies expense 2,250 Telephone expense 46,752 Utilities expense $12, eee 46,250 2,000 15,5ee 2,250 1,850 3,900 All the accounts have normal balances. Prepare the closing entries for the above transactions. ces View transaction list Journal entry worksheet