On December 31, 2019, the ledger of Lopez Company contained the following account balances:

Cash	$	32,300	Maria Lopez, Drawing	$	12,800
Accounts Receivable		2,550	Fees Income		50,250
Supplies		1,750	Depreciation Expense		2,400
Equipment		25,300	Salaries Expense		16,300
Accumulated Depreciation		2,150	Supplies Expense		2,650
Accounts Payable		2,650	Telephone Expense		2,250
Maria Lopez, Capital		47,550	Utilities Expense		4,300

Prepare the closing entries for the above transactions.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
Dec 31, 2019

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
Dec 31, 2019

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
Dec 31, 2019

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
Dec 31, 2019