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On December 31, 2019, the ledger of Lopez Company contained the following account balances: Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Maria Lopez,
On December 31, 2019, the ledger of Lopez Company contained the following account balances: Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Maria Lopez, Capital $66,000 Maria Lopez, Drawing 52,000 107,500 5,500 34,000 6,000 5,200 9,300 5,800 Fees Income 4,200 Depreciation Expense 52,000 Salaries Expense 5,000 Supplies Expense 6,000 Telephone Expense 121,500 Utilities Expense All the accounts have normal balances Show less General Journal General Ledger Income Statement of Equity Trial balance Statement Requirement Balance SheetPost Closing Post Closing (37% of available points) -For each account listed below, indicate whether the account is closed (either to income Adjusted Trial Balance Post-closing Trial Balance Closed? Cash Accounts receivable Supplies Equipment Accumulated depreciation Accounts Payable Maria Lopez, Capital Maria Lopez, Drawing Fees income Depreciation expense Salaries expense Supplies expense Telephone expense Utilities expense S 66,000 5,800 4,200 52,000 0 0 $ 5,000 6,000 121,500 0 0 52,000 107,500 5,500 34,000 6,000 5,200 9,300 0 0 0 $240,000 $240,000 0 K Balance Sheet Post Closing
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