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On December 31 2019 the ledger of lopez company tice On December 31, 2019, the ledger of Lopez Company contalned the following account balances: Cash

On December 31 2019 the ledger of lopez company

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tice On December 31, 2019, the ledger of Lopez Company contalned the following account balances: Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Narla Lopez, Capital 66,899 Maria Lopez, Drawing 52,80e Salaries Expense 121,588 Utilities Expense 52,e06 187,5e8 5,568 34,809 6,800 5,288 9,3ee 5,889 Fees Income 4,200 Depreciation Expense 5,008 Supplies Expense 6,008 Telephone Expense Prepare the closing entrles for the above transactions. VMew transaction Ist Journal entry worksheet Prepare the closing entry for revenue. Note: Enter deits detore crecits. General Journal Dec 31 2019 Racord sntry

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