On December 31, 2019, the ledger of Lopez Company contained the following account balances $32,300 Maria Lopez, Drawing $12,800 2,550 Fees Income 1,750 Depreciation Expense 25,300 Salaries Expense 2,150 Supplies Expens 2,650 Telephone Expense 47,550 Utilities Expense Cash Accounts Receivable 50,250 2,400 16,300 2,650 2,250 4,300 Supplies Equipment Accumulated Depreciation Accounts Payable Maria Lopez, Capital Prepare the closing entries for the above transactions View transaction list X: Import a new list 1 Prepare the closing entry for revenue 2 Prepare the closing entry for expenses 3 Prepare the closing entry for the balance of income summary 4 Prepare the closing entry for the drawing account. Journal entry worksheet 4 Prepare the closing entry for revenue. Note: Enter debits before credits. Credit Date General Journal Debit Dec 31, 2019 Clear entry View general journal Record entry Journal entry worksheet 4 Prepare the closing entry for expenses. Note: Enter debits before credits. Debit Date General Journal Credit Dec 31, 2019 Record entry Clear entry View general journal Journal entry worksheet 4 2 Prepare the closing entry for the balance of income summary. Note: Enter debits before credits Date General Journal Credit Debit Dec 31, 2019 Record entry Clear entry View general journal Journal entry worksheet 4 Prepare the closing entry for the drawing account. Note: Enter debits before credits. Credit Date Debit General Journal Dec 31, 2019 Record entry Clear entry View general journal