On December 31, 2019, the ledger of Lopez Company contained the following account balances: $11,900 45,750 1,950 15,400 2,200 1,800 3,850 Cash $31,400 Maria Lopez, Drawing 2,100 Fees Income 1,300 Depreciation Expense 24,400 Salaries Expense 1,700 Supplies Expense 2,200 Telephone Expense 46,650 Utilities Expense Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Maria Lopez, Capital Prepare the closing entries for the above transactions View transaction list Journal entry worksheet K 2 1 3 4 Prepare the closing entry for revenue. Note: Enter debits before credits. Journal entry worksheet K 1 4 Prepare the closing entry for expenses. Note: Enter debits before credits. Journal entry worksheet