On December 31, 20X1, the Income Statement columns of the worksheet for The Sax Shop contained the following information. Income Statement Columns Income summary Sales Sales returns and allowances Sales discounts Interest income Purchases Freight in Purchases returns and allowances Purchases discounts Rent expense Utilities expense Telephone expense Salaries expense Payroll taxes expense Supplies expense Depreciation expense Interest expense Totals Debit Credit $ 38,000 $ 41,300 251,500 3,600 2,600 140 133,800 1,900 1,700 1,470 8,200 2,870 1,480 65,500 5,210 1,640 2,200 280 $ 267,280 $ 296,110 Assume further that the owner of the firm is Mark Fronke and that the Mark Fronke, Drawing account had a balance of $25,900 on December 31, 20X1. Prepare the entries that should be made in the general journal to close the revenue, cost of goods sold, expense, and other temporary accounts. Journal entry worksheet 1 2 3 4 Record the closing entry for revenue and other credit items. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 20X1 Record entry Clear entry View general journal Journal entry worksheet N Record the closing entry for the balance of income summary. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 20X1 Record entry Clear entry View general journal Journal entry worksheet Record the closing entry for the drawing account. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 20X1 Record entry Clear entry View general journal