On December 31, 2019, the income Statement section of the worksheet for Capeletti Distributors contained the following information. Income Statement Section Debit Credit Income Summary $ 38,500 $ 41,800 Sales 254,000 Sales Returns and Allowances 3,850 Sales Discounts 2,850 Interest Income 265 Purchases 134, 300 Freight In 2,150 Purchases Returns and allowances 1.950 Purchases Discounts 1,520 Rent Expense 8,450 Utilities Expense 2,920 Telephone Expense 1,530 Salaries Expense 66,000 Payroll Taxes Expense 5,260 Supplies Expense 1,690 Depreciation Expense 2,450 Interest Expense 330 Totals $270, 280 $299,435 Assume further that the owner of the firm is John Capeletti and that the John Capeletti, Drawing account had a balance of $26,150 on December 31, 2019 Prepare the entries that should be made in the general journal to close the revenue cost of goods sold, expense and other temporary be made in the general journal to close the revenue, cost of goods sold, expense, and other temporary accounts. View transaction list Journal entry worksheet 1 2 3 4 > Prepare the closing entry for revenue and other credit items. Noter Enter debits before credits General Journal Debit Credit Date Dec 31, 2019 View transaction list 1 Prepare the closing entry for revenue and other credit items. 2. Prepare the closing entry for expenses and other debit items. 3 Prepare the closing entry for the balance of income summary 4. Prepare the closing entry for the drawing account. Note: = journal entry has been entered