Following are selected accounts and their balances for a company afte fiscal year. All accounts have normal balances r all adjustments as of Dec 31. the end of its E. Smith, Capital $12,400 $4,000 $20,000 $10,000 $1,500 $2,400 $4.250 Smith, Withdrawals ental Fees Earned Salaries Expense nsurance Expense Prepaid Insurance Salaries Payable Equipment Depreciation Expense 16.000 1,800 Prepare all necessary closing entries for this company