On December 31, 2019, the Income Statement section of the worksheet for Capeletti Distributors contained the following information. Income Statement Section Income Summary Sales Sales Returns and Allowances Sales Discounts Interest Income Purchases Freight In Purchases Returns and Allowances Purchases Discounts Rent Expense Utilities Expense Telephone Expense Salaries Expense Payroll Taxes Expense Supplies Expense Depreciation Expense Interest Expense Totals Debit Credit $ 37,600 $ 40,900 249,500 3,400 2,400 120 133,400 1,700 1,500 1,430 8,000 2,830 1,440 65,100 5,170 1,600 2,000 240 $264,880 $293,450 es Assume further that the owner of the firm is John Capeletti and that the John Capeletti, Drawing account had a balance of $25.700 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 accounts. View transaction ist Journal entry worksheet 1 2 3 4 Prepare the closing entry for revenue and other credit items. Note Enter debits before credits Debe Credit Date General Journal ssume further that the owner of the firm is John Capeletti and that the John Capeletti, Drawing ecember 31, 2019 repare the entries that should be made in the general journal to close the revenue, cost of good ccounts. View transaction list Journal entry worksheet N Prepare the closing entry for revenue and other credit items. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2019 Record entry Clear entry View general journal Prour ssume further that the owner of the firm is John Capeletti and that the John Capeletti, Dran ecember 31, 2019 repare the entries that should be made in the general journal to close the revenue, cost of g counts. Journal entry worksheet Prepare the closing entry for expenses and other debit items. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2019 Prepare the closing entry for the drawing account. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2019 Record entry Clear entry View general journal