On December 31, 20X1, the ledger of Lopez Company contained the following account balances: Cash Accounts receivable $31,300 2,050 Maria Lopez, Drawing $11,800 Fees income 45,250 Supplies 1,250 Equipment 24,300 Depreciation expense Salaries expense 1,900 15,300 Accumulated depreciation Accounts payable 2,150 Maria Lopez, Capital 46,550 1,650 Supplies expense Telephone expense Utilities expense 2,150 1,750 3,800 All the accounts have normal balances. Prepare the closing entries for the above transactions. View transaction list | Journal entry worksheet 2 3 4 Record the closing entry for revenue. Note: Enter debits before credits. Date Dec 31, 20X1 General Journal Debit Credit Record entry Clear entry View general journal >